2
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$1,625,000
Est. payment /mo
514 SqFt
Active
9 & 11 Melrose AVE West Centre Town, ON K1Y 1T8
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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
Lot Depth 176.0
Lot Front 66.0
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
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 66.0
Lot Depth 176.0
Listed by IPRO REALTY LTD.
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