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Home ON Ottawa - Gatineau Ottawa Hintonburg - Mechanicsville
9 & 11 MELROSE AVENUE
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9 & 11 MELROSE AVENUE $1,625,000
4 days ago
$1,625,000
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9 & 11 MELROSE AVENUE
Ottawa, Ontario K1Y1T8

MLS® Number: X12092195

Listing Description

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 limites to 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 purchase. 9 Melrose is curently 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. (40281715)

Location Description

Wellington and Melrose

Property Summary

Property Type
Vacant Land
Community Name
4203 - Hintonburg
Land Size
66 x 176 M ; income producing units for development
Annual Property Taxes
$7,823
Time on REALTOR.ca
4 days

Building

Interior Features
Appliances Included
Dishwasher, Dryer, Stove, Washer, Refrigerator
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water

Measurements

Square Footage
5533 sqft

Land

Lot Features
Frontage
66 m
Land Depth
176 m
Other Property Information
Zoning Description
TM11
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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