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. (id:2493)
Data was last updated May 6, 2026 at 11:15 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$1,172,900
Min list price:
$439,990
Max list price:
$1,775,900
Avg days on market:
33
Min days on market:
5
Max days on market:
82
These statistics are generated based on the current listing's property type
and located in
4004 - Sandy Hill. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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