9 & 11 MELROSE AVENUE, Ottawa, Ontario, K1Y 1T8

$1,725,000

MLS® # X9524012

Vacant Land For Sale In Hintonburg - Mechanicsville, Ottawa, Ontario

$1,725,000

Property Information:

Opportunity knocks. Make this the site for your next project. Feasibility study indicates that the lots can house a 6 storey building with up to 30,000+ buildable square feet, approximately 30 units. This site is located in one of the cities most sought after locations. Steps from Wellington in the heart of Hintonburg you are surrounded by every amenity and necessity imaginable including but not limited too, groceries and markets, an assortment of restaurants and bars, public transit including LRT, shopping and more. All factors that make this project highly attractive as a future tenant or purchaser. 9 Melrose is currently a duplex with a commercial unit and residential on upper floors, 11 Melrose is a single home in good shape. The combined income is $7,450/month if there is interest in holding prior to build. Reach out for the package. (id:27)

Property Features:

  • Property Type: Vacant Land
  • Access Type: Year-round access
  • Amenities Nearby: Public Transit, Park
  • Irregular: Yes
  • Lot Depth: 83.0 Feet
  • Lot Frontage: 65.0 Feet
  • Lot Size: 65 x 83 FT ; 0
  • Zoning: TM11
  • Sewer: Sanitary sewer

Courtesy of: ENGEL & VOLKERS OTTAWA

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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