$1,725,000
Available - For Sale
Listing ID: X9524012
9 & 11 MELROSE Ave , West Centre Town, K1Y 1T8, Ontario


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: $17000.00
Address: 9 & 11 MELROSE Ave , West Centre Town, K1Y 1T8, Ontario
Lot Size: 65.00 x 83.00 (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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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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

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This calculator 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
Personal Picture
Irfan Bajwa
Broker, ABR, SRS, CNE
Dir:
416-832-9090
Bus:
905-268-1000
Fax:
905-277-0020
 
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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
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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