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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:48414)

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