9 & 11 Melrose AVE new

West Centre Town,ON K1Y 1T8

$ 1625000

- Bed

- Bath

514 SqFt


Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Square Footage 514 sqft

Price per Sqft $3,161

Subdivision 4203 - Hintonburg

MLS Listing ID X12092195

Annual Tax Amount $7,823

Tax Year 2024

Property Sub-Type Land

Property 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.

Location

Province ON

County Ottawa

Community 4203 - Hintonburg

Area Ottawa

Zoning TM11

Interior

Cooling Yes

Inclusions Stove, Dryer, Washer, Refrigerator, Dishwasher

Exterior

Utilities Available Yes

Lot Frontage 66.0

Lot Depth 176.0

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