9 & 11 MELROSE AVENUE
Hintonburg Ottawa K1Y 1T8

$1,850,000
Vacant Land

Main Photo: 9 & 11 MELROSE AVENUE in Ottawa: Vacant Land for sale : MLS®# 1396855
Photo 1: 9 & 11 MELROSE AVENUE in Ottawa: Vacant Land for sale : MLS®# 1396855
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Status:
Active
Prop. Type:
Vacant Land
MLS® Num:
1396855
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)
Property Type:
Vacant Land
Transaction Type:
For sale
Zoning:
TM11
Community:
Hintonburg
Amenities:
Public Transit, Recreation Nearby, Shopping
Utilities:
Fully serviced - Available
Fireplace:
No
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Unknown (Not Applicable)
Basement Development:
Not Applicable
Land Amenities:
Public Transit, Recreation Nearby, Shopping
Road Access:
Road access
Lot Frontage:
65'
Lot Depth:
83'
Acreage:
No
Lot Size:
65 ft X 83 ft
Lot Details:
65 ft X 83 ft
Road Surface:
Paved road
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Listed by ENGEL & VOLKERS OTTAWA
Data was last updated June 18, 2024 at 03:45 PM (UTC)
Area Statistics
Listings on market:
217
Avg list price:
$799,900
Min list price:
$1
Max list price:
$13,500,000
Avg days on market:
64
Min days on market:
1
Max days on market:
1,989
Avg price per sq.ft.:
$158.29
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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