$1,850,000 FOR SALE

Land

Lot: 65 x 83 ft

9 & 11 Melrose Avenue
Ottawa, ON K1Y 1T8 | Hintonburg

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:47423)

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Listed By ENGEL & VOLKERS OTTAWA
Data Provided By Ottawa Real Estate Board
MLS® Listing Number 1396855
Last Updated Jun 11, 2024
Property Summary
Property Type Land

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Neighbourhood Hintonburg
Price History
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Detailed Information
Lot 65 x 83 ft
Amenities Nearby Public Transit, Recreation Nearby, Shopping
Listing Contract Date 2024-06-10
Municipal ID 040930093
Property Type Vacant Land
Road Paved road
Transaction Type For sale
Zoning Description TM11
Building
Basement Development Not Applicable
Basement Type Unknown (Not Applicable)
Utility Water Municipal water
Utilities
Type Description
Fully servicedAvailable
Land
Total Size 65 ft X 83 ft
Access Type Road access
Amenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal sewage system
Size of Irregular Land 65 ft X 83 ft

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