Exceptional development opportunity for builders and investors. This prime lot offers outstanding potential for a single-family residence or multi-unit development. HST/GST is included, and a credit toward a building permit is available due to the presence of an existing residential dwelling. All municipal services are at the street (currently disconnected), and the home is ready for teardown. Ideally located within walking distance to the Rideau River, Rideau Canal, and scenic recreational pathways, the property provides excellent access to outdoor amenities and nearby conveniences. Current zoning permits a broad range of development options, including single-family homes, bungalows, townhomes, duplexes, or triplexes. The generous lot size supports the possibility of multiple units, with a minor variance potentially enhancing development capacity further. Situated on a paved road, the site includes an existing structure that may offer development charge savings. The seller may consider assisting with financing and development applications for a strong offer supported by a clear and well-defined development plan.