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MLS® X12813586

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Land
Size -
Garage No
Taxes $29,602
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X12813586

Property Address: 140 Hinchey Avenue, Ottawa, ON, K1Y1L4

Average square foot calculated using Size range provided by listing agent.

Description

Opportunity knocks with this prime 10, 828.48 sq.Ft. Parcel (outlined in RED) located approximately 500 metres from the Tunney's Pasture LRTStation. The property is currently improved with an income-generating parking lot and a separate specialty automotive repair/collision facility, offering both holding income and future redevelopment flexibility. A wide range of possibilities exist: maintain the current legal non-conforming commercial use, occupy as an owner-user, pursue a potential severance, redevelop part or all into a low-rise residential project, or assemble with neighbouring parcels to maximize density potential. For developers and investors seeking an assembly opportunity, the property may be combined (at additional cost) with 143 Forward Avenue (duplex; PIN 040960062; 4, 919 sq.Ft.) and 144 Hinchey Avenue (duplex; PIN 040960073;2, 454.17 sq.Ft.), with the potential to also incorporate a closed City of Ottawa parcel (PIN 040960270; 742.71 sq.Ft.) and 148 Hinchey Avenue(duplex; PIN 040960074; 2, 701.74 sq.Ft.), for a total potential assembly of approximately 21, 746.10 sq.Ft (area outlined in YELLOW). FOTENN Development Options Report, financial statements, rent roll, and supporting due diligence materials available upon execution of a signed NDA. (id:58753)Show Description
MLS® NumberX12813586
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

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  • Commute

Commute

Starting Address
Destination Address
140 Hinchey Avenue, Ottawa, ON

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