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:2493)
Data was last updated October 11, 2024 at 09:45 PM (UTC)
Area Statistics
Listings on market:
129
Avg list price:
$800,000
Min list price:
$199,000
Max list price:
$13,500,000
Avg days on market:
142
Min days on market:
68
Max days on market:
2,104
Avg price per sq.ft.:
$7,075,471.7
These statistics are generated based on the current listing's property type
and located in
Ottawa. Average values are
derived using median calculations.
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