9 & 11 Melrose Avenue Ottawa, Ontario K1Y 1T8
$1,725,000
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:28469)
Property Details
| MLS® Number | 1417707 |
| Property Type | Vacant Land |
| Neigbourhood | Hintonburg |
| AmenitiesNearBy | Public Transit, Recreation Nearby, Shopping |
| RoadType | Paved Road |
Building
| BasementDevelopment | Not Applicable |
| BasementType | Unknown (not Applicable) |
| UtilityWater | Municipal Water |
Land
| AccessType | Road Access |
| Acreage | No |
| LandAmenities | Public Transit, Recreation Nearby, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 83 Ft |
| SizeFrontage | 65 Ft |
| SizeIrregular | 65 Ft X 83 Ft |
| SizeTotalText | 65 Ft X 83 Ft |
| ZoningDescription | Tm11 |
Utilities
| Fully serviced | Available |
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October 23 2024 05:12:11
Ottawa Real Estate Board
Engel & Volkers Ottawa