52 & 50 Stonehurst Avenue
West Centre Town K1Y 1R4
Canada

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C2,499,000
($1,784,400)
(€1,593,100)
Annual Taxes:C13,853.48
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario

Exceptional Development Opportunity in Mechanicsville !

Description

Exceptional Development Opportunity in Mechanicsville! An outstanding opportunity to acquire two development lots in Ottawa's highly desirable Mechanicsville neighbourhood, offering a combined lot area of 9,830.03 sq. ft. with dimensions of approximately 100.32' x 98.12'. Ideally positioned overlooking Laroche Park, this property offers an attractive setting in a vibrant, established urban community. Zoned N5B[2019] H(19), the property permits a wide variety of potential development possibilities, including low-rise apartments, multiple-unit townhouses and other residential configurations, subject to applicable zoning provisions, approvals and due diligence. Enjoy exceptional connectivity with Tunney's Pasture LRT station approximately 850 metres away and Bayview LRT station approximately 900 metres away. Restaurants, cafés, shops and everyday amenities along Wellington Street are an easy walk away. With its generous combined lot size, park-side setting, transit accessibility and proximity to established neighbourhood amenities, this is a compelling opportunity for builders, developers and investors seeking to explore the potential of an increasingly desirable urban location. Two lots offered together, presenting exciting possibilities for future residential development. Note the house at 52 Stonehurst Ave was rented until Oct 2026 - potential income while waiting for permits (does need work)

Amenities

  • City
  • Park/Greenbelt

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.