9 & 11 Melrose Avenue Ottawa, Ontario K1Y 1T8
$1,850,000
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:43934)
Property Details
| MLS® Number | 1396855 |
| Property Type | Vacant Land |
| Neigbourhood | Hintonburg |
| Amenities Near By | Public Transit, Recreation Nearby, Shopping |
| Road Type | Paved Road |
Building
| Basement Development | Not Applicable |
| Basement Type | Unknown (not Applicable) |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Public Transit, Recreation Nearby, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 83 Ft |
| Size Frontage | 65 Ft |
| Size Irregular | 65 Ft X 83 Ft |
| Size Total Text | 65 Ft X 83 Ft |
| Zoning Description | Tm11 |
Utilities
| Fully serviced | Available |
https://www.realtor.ca/real-estate/27017832/9-11-melrose-avenue-ottawa-hintonburg
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June 11 2024 02:11:40
Ottawa Real Estate Board
Engel & Volkers Ottawa