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. (id:47421)
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Detailed Information
Lot
65 x 83 ft
Amenities Nearby
Public Transit, Recreation Nearby, Shopping
Listing Contract Date
2024-06-10
Municipal ID
040930093
Property Type
Vacant Land
Road
Paved road
Transaction Type
For sale
Zoning Description
TM11
Building
Basement Development
Not Applicable
Basement Type
Unknown (Not Applicable)
Utility Water
Municipal water
Utilities
Type
Description
Fully serviced
Available
Land
Total Size
65 ft X 83 ft
Access Type
Road access
Amenities
Public Transit, Recreation Nearby, Shopping
Sewer
Municipal sewage system
Size of Irregular Land
65 ft X 83 ft
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