70 Pinhey Street S, Ottawa

This property is located in the very popular neighbourhood of Hintonburg. This neighbourhood has been transformed with new developments over the recent years, and this transition continues today. There is construction on almost every corner. With densification on the rise, and the high potential for increased density zoning regulation changes on the horizon, this property is prime for someone to develop. The current zoning is R4UB which in and of itself allows for multiple higher density options. As you walk the streets of this section of Hintonburg you'll notice that those current zoning regulation allowances have been push further with more units and bigger building envelops. The current two storey structure is habitable, which gives the opportunity to rent and collect income while planning and pursuing development options. (id:1945)