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143 FORWARD & 140-144 HINCHEY AVENUE, Ottawa, Ontario, K1Y 1K8

MLS® # X13830124
Vacant Land For Sale In Hintonburg - Mechanicsville, Ottawa, Ontario
$3,275,000

None Beds

143 Forward & 140-144 Hinchey Avenue, Ottawa, ON
143 Forward & 140-144 Hinchey Avenue, Ottawa, ON
143 Forward & 140-144 Hinchey Avenue, Ottawa, ON
143 Forward & 140-144 Hinchey Avenue, Ottawa, ON
143 Forward & 140-144 Hinchey Avenue, Ottawa, ON
143 Forward & 140-144 Hinchey Avenue, Ottawa, ON
143 Forward & 140-144 Hinchey Avenue, Ottawa, ON
143 Forward & 140-144 Hinchey Avenue, Ottawa, ON
143 Forward & 140-144 Hinchey Avenue, Ottawa, ON
143 Forward & 140-144 Hinchey Avenue, Ottawa, ON
143 Forward & 140-144 Hinchey Avenue, Ottawa, ON
143 Forward & 140-144 Hinchey Avenue, Ottawa, ON
143 Forward & 140-144 Hinchey Avenue, Ottawa, ON
143 Forward & 140-144 Hinchey Avenue, Ottawa, ON
  • Advertising
143 FORWARD & 140-144 HINCHEY AVENUE, Ottawa, Ontario, K1Y 1K8
$3,275,000

Property Information:

Transit-oriented development opportunity near Tunney's Pasture. Offered as a three-parcel assembly totalling approximately 18,705 sf spanning the entire block between Forward Ave and Hinchey Ave, strategically located within a Major Transit Station Area between two LRT stations. The assembly consists of 143 Forward Avenue (PIN 040960062), 140 Hinchey Avenue (PIN 040960061) and 144 Hinchey Avenue (PIN 040960073). Zoned N4B, the assembled site offers as-of-right redevelopment potential, with opportunity to pursue additional density through rezoning/planning approvals. Existing improvements include two duplexes, an income-generating parking lot and specialty automotive repair/collision facility, providing holding income while redevelopment plans are advanced. A compelling opportunity to acquire an assembled development parcel in an established, rapidly evolving neighbourhood with exceptional access to rapid transit. Phase II Environmental Site Assessment completed, with all groundwater samples analyzed complying with applicable MECP standards. Brownfield redevelopment incentives may be available, subject to applicable City programs and approvals. Rent roll, income/expense information, environmental summary reports and additional due diligence materials available upon execution of a signed NDA. (id:27)

Property Features:

  • Property Type: Vacant Land
  • Features: Irregular lot size
  • Irregular: Yes
  • Lot Depth: 215.7 Feet
  • Lot Frontage: 100.5 Feet
  • Lot Size: 100.52 x 215.71 FT
  • Utility Type: Sewer - Installed, Cable - Available, Hydro - Installed
  • Zoning: N4B

Courtesy of: SUTTON GROUP - OTTAWA REALTY

REALTOR.ca  

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Market Price Trends

Single family detached

6.13%

Price change (1 year)

18.87%

Price change (5 years)

All Properties

5.74%

Price change (1 year)

19.13%

Price change (5 years)

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

Location of 143 FORWARD & 140-144 HINCHEY AVENUE, Ottawa, Ontario, K1Y 1K8

Demographic Information of 143 FORWARD & 140-144 HINCHEY AVENUE, Ottawa, Ontario, K1Y 1K8

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$144,342.78

Average Number of Children

1.47

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.53 %

High school certificate or equivalent

17.0 %

Apprenticeship trade certificate/diploma

2.42 %

College/non-university certificate

16.44 %

University certificate (below bachelor)

2.82 %

University Degree

52.8 %

Commuter

Travel To Work

By Car

49.23 %

By Public Transit

30.93 %

By Walking

8.45 %

By Bicycle

6.39 %

By Other Methods

5.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

79.91 %

Houses

20.09 %

Own Vs. Rent

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