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$ 1,725,000
Est. payment /mo
Active
9 & 11 MELROSE AVE Ottawa, ON K1Y 1T8
UPDATED:
Key Details
Property Type Other Types
Sub Type Lots/Acreage
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1417707
Annual Tax Amount $17,000
Tax Year 2024
Property Sub-Type Lots/Acreage
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.
Location
Province ON
Building
Sewer Sewer Connected
Water Municipal
Listed by ENGEL & VOLKERS OTTAWA