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

MLS® # 1370085
Vacant Land For Sale In Hintonburg - Mechanicsville, Ottawa, Ontario
$2,000,000
243-245 Hinchey Avenue, Ottawa, ON
Development Lot with Site Plan Approval - 243-245 Hinchey Avenue, Ottawa, ON
243-245 Hinchey Avenue, Ottawa, ON
Opportunity To Build your own 16 Unit Investment Property - 243-245 Hinchey Avenue, Ottawa, ON
243-245 Hinchey Avenue, Ottawa, ON
243-245 Hinchey Avenue, Ottawa, ON
243-245 Hinchey Avenue, Ottawa, ON
243-245 Hinchey Avenue, Ottawa, ON
243-245 Hinchey Avenue, Ottawa, ON
243-245 Hinchey Avenue, Ottawa, ON
243-245 Hinchey Avenue, Ottawa, ON
243-245 Hinchey Avenue, Ottawa, ON
Development Lot with Site Plan Approval - 243-245 Hinchey Avenue, Ottawa, ON
243-245 Hinchey Avenue, Ottawa, ON
Opportunity To Build your own 16 Unit Investment Property - 243-245 Hinchey Avenue, Ottawa, ON
243-245 Hinchey Avenue, Ottawa, ON
243-245 Hinchey Avenue, Ottawa, ON
243-245 Hinchey Avenue, Ottawa, ON
243-245 Hinchey Avenue, Ottawa, ON
243-245 Hinchey Avenue, Ottawa, ON
243-245 Hinchey Avenue, Ottawa, ON
243-245 Hinchey Avenue, Ottawa, ON
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MULTIMEDIA

ACTIVE
243-245 HINCHEY AVENUE, Ottawa, Ontario, K1Y 1L9
$2,000,000

Property Information:

Attention Builders and Developers: MULTI-UNIT SITE PLAN CONTROL APPROVED DEVELOPMENT LOT. Here is an opportunity not to be missed. Save time in building your new modern 16 unit rental in Ottawa’s trending Hintonburg, steps from Tunney’s LRT, the Parkdale Market, trendy shops, cafes, eateries and galleries. Hintonburg is popularly known as the arts district within close proximity to Wellington Village and Westboro and easy access to the Ottawa River Pathway; this PRIME LOCATION has something to offer for everyone! Plans for 16 UNIT BUILDING consisting of TEN- 2 bedrooms and SIX- 1 bedroom units designed with open concept floor plans, in unit laundry, heated flooring and walkway, large windows and separate bicycle storage. Current comparable rents suggest the potential to generate $400,000+ in gross annual rent. (id:27)

Building Features:

  • Basement Development: Not Applicable
  • Basement Type: Unknown

Property Features:

  • Property Type: Vacant Land
  • Amenities Nearby: Public Transit, Recreation Nearby, Shopping
  • Current Use: Other
  • Lot Depth: 96.3 Feet
  • Lot Frontage: 66.0 Feet
  • Zoning: R4UB[2676]

Courtesy of: KELLER WILLIAMS INTEGRITY REALTY

REALTOR.ca  

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

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Market Price Trends

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

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

30 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

30 hot days expected in 2050

47/100

High

ClimateCheck®

Current data

This property, 243-245 HINCHEY AVENUE , experiences 7 hot days per year at around 31.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.3℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

63/100

ClimateCheck®

Current data

This property, 243-245 HINCHEY AVENUE , experiences 11 significant 2-day storms per year, with about 317.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 405.4mm of precipitation per year.

Precipitation Per Storm

Past
317.1mm
2050
405.4mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 243-245 HINCHEY AVENUE, Ottawa, Ontario, K1Y 1L9

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$137,750.86

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.35 %

High school certificate or equivalent

17.53 %

Apprenticeship trade certificate/diploma

1.93 %

College/non-university certificate

14.77 %

University certificate (below bachelor)

2.42 %

University Degree

53.0 %

Commuter

Travel To Work

By Car

49.57 %

By Public Transit

20.61 %

By Walking

17.58 %

By Bicycle

4.14 %

By Other Methods

8.11 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

70.42 %

Houses

29.58 %

Own Vs. Rent

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