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243-245 Hinchey Avenue Ottawa, Ontario K1Y 1L9

$2,000,000

Attention Builders and Developers: MULTI-UNIT SITE PLAN CONTROL APPROVED DEVELOPMENT LOT. Here is an opportunity not to be missed. Save time in building your new modern 16 unit rental in Ottawa’s trending Hintonburg, steps from Tunney’s LRT, the Parkdale Market, trendy shops, cafes, eateries and galleries. Hintonburg is popularly known as the arts district within close proximity to Wellington Village and Westboro and easy access to the Ottawa River Pathway; this PRIME LOCATION has something to offer for everyone! Plans for 16 UNIT BUILDING consisting of TEN- 2 bedrooms and SIX- 1 bedroom units designed with open concept floor plans, in unit laundry, heated flooring and walkway, large windows and separate bicycle storage. Current comparable rents suggest the potential to generate $400,000+ in gross annual rent. (id:39840)

Property Details

MLS® Number 1370085
Property Type Vacant Land
Neigbourhood Hintonburg
Amenities Near By Public Transit, Recreation Nearby, Shopping

Building

Basement Development Not Applicable
Basement Type Unknown (not Applicable)
Utility Water Municipal Water

Land

Acreage No
Current Use Other
Land Amenities Public Transit, Recreation Nearby, Shopping
Size Depth 96 Ft ,3 In
Size Frontage 66 Ft
Size Irregular 0.15
Size Total 0.15 Ac
Size Total Text 0.15 Ac
Zoning Description R4ub[2676]

https://www.realtor.ca/real-estate/26318658/243-245-hinchey-avenue-ottawa-hintonburg

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