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 limites to 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 purchase. 9 Melrose is curently 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. (id:2493)
Property Type:
Vacant Land
Total Living Area:
5,532.65 sq. ft.514 m2
Zoning:
TM11
Taxes:
$7,823 /
-
Community:
4203 - Hintonburg
Appliances Included:
Washer, Refrigerator, Dishwasher, Stove, Dryer
Cooling:
Fully air conditioned
Fireplace:
No
Heating:
Natural gas, Other
Water:
Municipal water
Lot Frontage:
216'6"66 m
Lot Details:
66 x 176 M ; income producing units for development
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