9 & 11 Melrose Avenue
West Centre Town, K1Y 1T8
FOR SALE
$1,625,000

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Land
CATEGORY5,533 Sq Ft
TOTAL AREAX12092195
MLSIDContact Us
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 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.
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Property Details
Address
9 & 11 Melrose Avenue
Community
City
Postal Code
K1Y 1T8
Property Type
Land, Land
Use
Designated
Zoning
TM11
Lot Size
66' x 176'
Total Area
5,533 Sq Ft
Office Area
35.0
Taxes
$7,823 (2024
Heat Type
Gas Forced Air Open
Water
Municipal
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Listing contracted with Ipro Realty Ltd.
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