695 Main Street West presents a rare and exceptional development opportunity in the heart of growing Hawkesbury. Strategically located on a prime corridor with excellent visibility and accessibility, this expansive lot offers immediate potential for investors, developers, and builders alike. Currently zoned to permit a 24-unit residential building as-of-right, the property also stands to benefit from evolving provincial legislation aimed at increasing housing density, creating the possibility for even greater future development potential. Adding immediate value to the site is a massive on-site storage shed with strong income-generating capability, offering approximately $2,500/month in potential rental revenue. Whether utilized for contractor storage, commercial use, or supplementary passive income, the structure provides flexibility and added cash flow while development plans are underway. Ideally situated close to shopping, schools, restaurants, parks, healthcare services, and major transportation routes, this property combines convenience, long-term upside, and strong investment fundamentals in one of Eastern Ontario's emerging growth markets. Opportunities like this are increasingly rare - secure a high-potential development site with existing income and significant future upside today.
Address
689-697 Main Street E
List Price
$649,900
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Hawkesbury
Sub-Area
612 - Hawkesbury
Region
Prescott and Russell
Lot Size Source
MPAC
Lot Depth
198
Lot Type
Lot
Lot Size Units
Feet
Lot Width
99.77
Parcel Number
541760049
Total Building Area
0.57
Occupant Type
Vacant
Cross Street
Main St E & Hampden St
MLS® Number
X13136760
Listing Brokerage
EXP REALTY
Postal Code
K6A 1B3
Posession Details
TBD
Tax Amount
$2,843.58
Tax Year
2025
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
None
Security Features
No
