9 & 11 MELROSE Ave
4203 - Hintonburg, West Centre Town, K1Y 1T8
FOR SALE
$1,725,000
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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 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.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-10 | 2024-10-15 | 127 | $1,750,000 | - | Expired |
| 2024-05-21 | 2024-06-08 | 18 | $2,000,000 | - | Terminated |
| 2024-05-17 | 2024-06-08 | 22 | $2,000,000 | - | Terminated |
Property Features
Park, Public Transit
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Property Details
Street
Community
City
Property Type
Vacant Land
Lot Size
65' x 83'
Acreage
< .50
Lot Irregularities
0
Fronting
East
Taxes
$17,000 (2024)
Heat Type
None
Air Conditioning
None
Water
Municipal
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Listing contracted with Engel & Volkers Ottawa
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