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9 & 11 Melrose Avenue Ottawa, Ontario K1Y 1T8

5533 sqft
Fully Air Conditioned Other

$1,625,000

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 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. (id:60365)

Property Details

MLS® Number X12092195
Property Type Vacant Land
Community Name 4203 - Hintonburg

Building

Appliances Dishwasher, Dryer, Washer
CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Other
SizeInterior 5533 Sqft
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 176 M
SizeFrontage 66 M
SizeIrregular 66 X 176 M ; Income Producing Units For Development
SizeTotalText 66 X 176 M ; Income Producing Units For Development
ZoningDescription Tm11

https://www.realtor.ca/real-estate/28189520/9-11-melrose-avenue-ottawa-4203-hintonburg

Rodrick Omar Wallace
Salesperson


Ipro Realty Ltd.
30 Eglinton Ave W. #c12
Mississauga, Ontario L5R 3E7

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