243-245 HINCHEY AVENUE, Ottawa, Ontario, K1Y 1L9

$1,650,000

MLS® # X12736058

Investment For Sale In Hintonburg - Mechanicsville, Ottawa, Ontario

$1,650,000

Property Information:

PERMIT READY, SITE PLAN APPROVED 16 UNIT DEVELOPMENT SITE SITUATED IN THE HEART OF HINTONBURG. Welcome to 243 - 245 Hinchey Avenue, two side-by-side lots being sold together in one of Ottawa's most vibrant and evolving neighborhoods. Together, the lots offer approximately 0.146 acres (6,330 sq. ft.) of prime urban land with a combined frontage of 65.92 feet and a depth of 96 feet. This central location is steps from Tunney's Pasture, LRT transit, Scott Street amenities, and Wellington Village shops and restaurants, offering unbeatable walkability and convenience. Whether you're looking to build and hold or sell completed units in a high-demand area, this property checks all the boxes. This project is eligible for CMHC's MLI Select program, offering lucrative 40-50 year financing options. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Heating Type: No heat
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Depth: 96 Feet
  • Lot Frontage: 66 Feet
  • Lot Size: 6329.18 Acres
  • Zoning: R4H

Courtesy of: ENGEL & VOLKERS OTTAWA

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Additional Photos