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9 & 11 MELROSE AVENUE, Ottawa, Ontario, K1Y 1T8

MLS® # 1392752
Vacant Land For Sale In Hintonburg - Mechanicsville, Ottawa, Ontario
$2,000,000
9 & 11 Melrose Avenue, Ottawa, ON
9 & 11 Melrose Avenue, Ottawa, ON
9 & 11 Melrose Avenue, Ottawa, ON
9 & 11 Melrose Avenue, Ottawa, ON
9 & 11 Melrose Avenue, Ottawa, ON
9 & 11 Melrose Avenue, Ottawa, ON
9 & 11 Melrose Avenue, Ottawa, ON
9 & 11 Melrose Avenue, Ottawa, ON
9 & 11 Melrose Avenue, Ottawa, ON
9 & 11 Melrose Avenue, Ottawa, ON
9 & 11 Melrose Avenue, Ottawa, ON
9 & 11 Melrose Avenue, Ottawa, ON
9 & 11 Melrose Avenue, Ottawa, ON
9 & 11 Melrose Avenue, Ottawa, ON
9 & 11 Melrose Avenue, Ottawa, ON
9 & 11 Melrose Avenue, Ottawa, ON
9 & 11 Melrose Avenue, Ottawa, ON
9 & 11 Melrose Avenue, Ottawa, ON
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ACTIVE
9 & 11 MELROSE AVENUE, Ottawa, Ontario, K1Y 1T8
$2,000,000

Property Information:

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:27)

Building Features:

  • Basement Development: Not Applicable
  • Basement Type: Unknown

Property Features:

  • Property Type: Vacant Land
  • Access Type: Road access
  • Amenities Nearby: Public Transit, Recreation Nearby, Shopping
  • Irregular: Yes
  • Lot Depth: 83.0 Feet
  • Lot Frontage: 65.0 Feet
  • Lot Size: 65 ft X 83 ft
  • Road Type: Paved road
  • Utility Type: Fully serviced - Available
  • Zoning: TM11
  • Sewer: Municipal sewage system

Courtesy of: ENGEL & VOLKERS OTTAWA

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 9 & 11 MELROSE AVENUE, Ottawa, Ontario, K1Y 1T8

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, 9 & 11 MELROSE 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, 9 & 11 MELROSE 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 9 & 11 MELROSE AVENUE, Ottawa, Ontario, K1Y 1T8

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$146,431.89

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.74 %

High school certificate or equivalent

16.94 %

Apprenticeship trade certificate/diploma

3.58 %

College/non-university certificate

13.9 %

University certificate (below bachelor)

2.4 %

University Degree

53.43 %

Commuter

Travel To Work

By Car

53.73 %

By Public Transit

18.86 %

By Walking

18.88 %

By Bicycle

4.56 %

By Other Methods

3.98 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

66.34 %

Houses

33.66 %

Own Vs. Rent

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