9 & 11 MELROSE Ave

9 & 11 MELROSE Ave
9 & 11 MELROSE Ave
9 & 11 MELROSE Ave
+3
$1,725,000
Instant Estimate Not Available
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$1,725,000
Instant Estimate Not Available
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Size
-
Lot size
501.21 sqm
Street frontage
E
Possession
TBD
Price per sqm
-
Taxes
$17,000 (2024)
Parking Type
-
Style
-
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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.

EXTRAS:
Broker: ENGEL & VOLKERS OTTAWA
MLS®#: X9524012
Property details
Parking:
No
Parking type:
-
Property type:
Vacant Land
Heating type:
-
Style:
-
MLS Size:
-
Lot front:
19.81 M
Lot depth:
25.3 M
Listed on:
Oct 24, 2024
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Instant estimate:
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Chemica Anderson
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: X9524012
Listed by ENGEL & VOLKERS OTTAWA

About 9 & 11 MELROSE Ave

9 & 11 Melrose Ave is an Ottawa vacant lot for sale, near on Melrose near Wellington. This vacant lot was listed at $1725000 in October 2024

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this vacant lot.

Getting around the area will require a vehicle, as there are no nearby transit stops.