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. (id:4069)
Address
9 & 11 MELROSE AVENUE
List Price
$1,625,000
Property Type
Vacant Land
Area
Ontario
Sub-Area
Ottawa
Floor Area
5,533 Sq. Ft.
Lot Size
66 x 176 M ; income producing units for development Sq. Ft.
MLS® Number
X12092195
Listing Brokerage
IPRO REALTY LTD.
Postal Code
K1Y1T8
Zoning
TM11
