West Centre Town, ON K1Y 1T8,9 & 11 MELROSE AVE
West Centre Town, ON K1Y 1T8,9 & 11 MELROSE AVE
West Centre Town, ON K1Y 1T8,9 & 11 MELROSE AVE
$1,560,000
Est. payment /mo
$1,725,000
9.6%
Est.Price: ?

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SOLD DATE : 03/27/2025

Key Details

Sold Price $1,560,000

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision 4203 - Hintonburg

MLS Listing ID X9524012

Sold Date 03/27/25

Style Unknown

Annual Tax Amount $17,000

Tax Year 2024

Property Sub-Type Vacant Land

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

County Ottawa

Community 4203 - Hintonburg

Area Ottawa

Zoning TM11

Rooms

Family Room No

Basement Unknown

Kitchen 0

Interior

Interior Features Unknown

Cooling Unknown

Exterior

Parking Features Unknown

Pool None

Roof Type Unknown

Road Frontage Year Round Municipal Road

Lot Frontage 65.0

Lot Depth 83.0

Others

Security Features Unknown

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Listed by ENGEL & VOLKERS OTTAWA

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Raafat Metwaly

Raafat Metwaly

+1(647) 461-3580

Broker | License ID: 4771063

Broker License ID: 4771063

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