holding for future appreciation, this property provides flexibility and possibilities. Location is key: The property is close to Highway 417 and public transit. It is just minutes from the shopping, restaurants, and amenities along Merivale Road, approximately 10 minutes to Carleton University and Algonquin College, and around 15 minutes to downtown Ottawa and Parliament Hill.The existing structure is a single detached home. Please note that a fire occurred in 2024, water, electricity and gas services have been shut off. All previous renovation materials, drywall, insulation, and damaged items have been removed, and the property has been professionally treated through the insurance process. The current home remains at the structural stage with framing and foundation only.The property is currently zoned R1F under Ottawa’s existing Zoning By-law, which is in effect while the city transitions to a new zoning framework that will introduce Neighborhood Zones (N1 – N6, expected in Mid 2026). The new zoning approach is intended to offer more flexible housing options and development possibilities. (All redevelopment options are subject to approval, buyers must verify future zoning and development potential with the City of Ottawa).This is an exceptional opportunity to secure a high-potential property in one of Ottawa’s most connected and evolving neighborhoods. Whether you’re an experienced developer, a savvy investor, or a visionary builder, this is your chance to transform a prime piece of land into something extraordinary. (id:62650)