9 MELROSE AVENUE , Ottawa

$840,000 / MLS® #:1157500

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Mixed-use Victorian on quiet tree-lined street in Hintonburg w/ strong visibility to pedestrian traffic on bustling Wellington West. Flexible TM zoning and redevelopment clause in existing commercial lease, allow for immediate redevelopment of entire bldg into a professional office, restaurant, retail store etc. The existing configuration includes main floor commercial space & fully updated residential unit on the upper floors. Main floor commercial unit offers reception, 2 enclosed offices, a powder room & kitchen. The spacious 2-storey residential features modern kitchen, bath, hardwood & gas fireplace. Long driveway & spacious backyard offer ample parking for commercial uses or a private sun-filled yard. The excellent development rights make this an attractive development target & provide excellent potential for land value appreciation (i.e. TM zoning allows for 6-story development to the rear & side lot lines & the "inner-urban main street" designation eliminates required parking). (id:10452)

Property Details

Property Type Office
Square Feet
Maintenance N/A
Days On Our Website 59
Basement
Kitchens
Lot Dimensions 33 ft X 84 ft
Pool N/A
Area Ottawa
Air Conditioning N/A
Heating
Exterior
Parking Spaces 4
Sewers N/A
Water N/A

Listing Office: ENGEL & VOLKERS OTTAWA CENTRAL



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