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$1,725,000
Available - For Sale
Listing ID: X9524012
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.
Price $1,725,000
Taxes: $17,000
Address: 9 & 11 MELROSE Ave , West Centre Town, K1Y 1T8, Ontario
Lot Size: 65 x 83 (Feet)
Acreage: < .50
Directions/Cross Streets: on Melrose near Wellington
Rooms: 0
Rooms +: 0
Kitchens: 0
Kitchens +: 0
Family Room: N
Property Type: Vacant Land
Pool: None
Property Features: Park
Public Transit
Sewers: Sewers
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ENGEL & VOLKERS OTTAWA

9 & 11 MELROSE Ave , West Centre Town, K1Y 1T8, Ontario

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Freehold - Vacant Land
Area: Ottawa
Municipality: West Centre Town
Neighbourhood: 4203 - Hintonburg
Style:
Lot Size: 65.00 x 83.00(Feet)
Approximate Age:
Tax: $17,000
Maintenance Fee: $0
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Garage: 0
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Pool: None
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908