9 & 11 MELROSE AVENUE

Vacant Land For Sale in Ottawa, Ontario

$1,725,000
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:4069)
Address 9 & 11 MELROSE AVENUE
List Price $1,725,000
Property Type Vacant Land
Area Ontario
Sub-Area Ottawa
Lot Size 65 ft X 83 ft Sq. Ft.
MLS® Number 1417707
Listing Brokerage ENGEL & VOLKERS OTTAWA
Basement Area Unknown (Not Applicable)
Postal Code K1Y1T8
Zoning TM11
Site Influences Public Transit, Recreation Nearby, Shopping

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YOW Home Team

Innovation Realty

102-659 Sue Holloway Drive Nepean On K2J 5G3

Office: 613-755-2278

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