9 & 11 MELROSE Ave

West Centre Town | 4203 - Hintonburg | K1Y 1T8
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  • 0
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$1,725,000

Est. Mtg $5,849 /mo
  • Days on market

    31

  • Status

    New

Listing Broker ENGEL & VOLKERS OTTAWA
Since listed: 0 views

Home details

MLS #:

X9524012

Property type:
Vacant Land
Style:
Taxes:
$17,000
Possession:
TBD
Lot Front:
65.0   Feet
Lot Depth:
83.0   Feet
Basement:
|
Driveway Pkg:
0
Heat:
|

Description


9 & 11 MELROSE Ave, , West Centre Town, Ontario is a Vacant Land property in West Centre Town and in the 4203 - Hintonburg community in the K1Y 1T8 postal code


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..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-05 2024-11 $2,300,000 $2,000,000 Ter X9435946
2024-05 2024-11 $2,300,000 $2,000,000 Ter X9435988
2024-06 2024-11 $1,850,000 $1,750,000 Exp X9448586
2024-10 2024-11 $1,725,000 $1,725,000 New X9524012

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

West Centre Town :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 9 & 11 MELROSE Ave

Based on available 3rd party data

$7400

Approximate costs per month

Mortgage
$5849 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1416 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Park
  • Public Transit
Listing Broker ENGEL & VOLKERS OTTAWA
Data Source: TRREB

Payment calculator

$7265 monthly. In association with: TD Bank
%
  • Principal and Interest
    5849 /mo
  • Property Taxes
    $1416 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Emmalay Rattana, Realtor

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