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4004 - Sandy Hill, Lower Town - Sandy Hill, ON K1N 7W9
$1,600,000
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
Rare opportunity in the heart of Sandy Hill with exceptional redevelopment potential. Situated on a prime 52.5 x 116 ft lot with rear laneway access and two detached garages, 45 Russell Avenue offers a unique chance to secure a property with strong future upside under desirable R4 zoning. Ideal for investors, developers, or strategic buyers, this property provides flexibility and long-term value in one of Ottawa's most dynamic neighbourhoods.The existing home offers immediate use or holding potential, easily converted to a Duplex, featuring a separate entrance and second-floor kitchen already in place, allowing for a potential reconversion to generate income while future plans take shape. Located steps to the University of Ottawa, transit, downtown core, and key amenities. Opportunities with this combination of location, scale, access, and flexibility are increasingly hard to come by.