Mirna Botros
613-600-2626140 Hinchey Avenue - $2,195,000
140 Hinchey Avenue - $2,195,000
140 Hinchey Avenue
$2,195,000
4201 - Mechanicsville
Ottawa, OntarioK1Y1L4
0 beds
0 baths
null parking
MLS#: X12813582Listed: 6 days agoUpdated:5 days ago
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, income/expense statements, rent roll, and supporting due diligence materials available upon execution of a signed NDA. (id:58075)Details
Details for 140 Hinchey Avenue, Ottawa, Ontario- Property Type
- Business
- Building Type
- -
- Storeys
- -
- Neighborhood
- 4201 - Mechanicsville
- Land Size
- 50.21 x 217.71 FT
- Year Built
- -
- Annual Property Taxes
- $29,602
- Parking Type
- -
Inside
- Appliances
- -
- Rooms
- -
- Bedrooms
- -
- Bathrooms
- 0
- Fireplace
- -
- Fireplace Total
- -
- Basement
- -
Building
- Architecture Style
- -
- Direction
- Cross Streets: Parkdale and Scott. ** Directions: Parkdale, east on Scott, North on Hinchey.
- Type of Dwelling
- -
- Roof
- -
- Exterior
- -
- Foundation
- -
- Flooring
- -
Land
- Sewer
- -
- Lot Size
- 50.21 x 217.71 FT
- Zoning
- -
- Zoning Description
- R4UD
Parking
- Features
- -
- Total Parking
- -
Utilities
- Cooling
- None
- Heating
- Other
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- -
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 140 Hinchey Avenue, Ottawa, OntarioMap
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