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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:39840)

Property Details

MLS® Number X9524012
Property Type Vacant Land
Neigbourhood Hintonburg
Community Name 4203 - Hintonburg
AmenitiesNearBy Public Transit, Park

Building

UtilityWater Municipal Water

Land

AccessType Year-round Access
Acreage No
LandAmenities Public Transit, Park
Sewer Sanitary Sewer
SizeDepth 83 Ft
SizeFrontage 65 Ft
SizeIrregular 65 X 83 Ft ; 0
SizeTotalText 65 X 83 Ft ; 0|under 1/2 Acre
ZoningDescription Tm11

https://www.realtor.ca/real-estate/27571977/9-11-melrose-avenue-ottawa-4203-hintonburg

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