Commercial Condos for Sale in Ottawa – 143 FORWARD & 140-144 HINCHEY AVENUE, Ottawa – By Peter Sagos

Home / Properties / 143 FORWARD & 140-144 HINCHEY AVENUE, Ottawa
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$3,275,000

143 FORWARD & 140-144 HINCHEY AVENUE, Ottawa

0.0 Baths • Land
MLS# X13830124
  • Land
  • Ottawa location
613-369-5199

Ask Peter Sagos about this property

About This Property

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:66401)

Property Details

Bathrooms 0.0
Property Type Land

Building & Features

Interior

Fireplace
No

Lot and land

Lot dimensions
100.52 x 215.71 FT
Frontage
100.6 ft
Lot features
Irregular lot size
Zoning
N4B
Utilities
Sewer, Electricity, Cable

Location

143 FORWARD & 140-144 HINCHEY AVENUE, Ottawa, Ontario, K1Y1K8

Interested in This Property?

Peter Sagos

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Peter Sagos ยท Ottawa Condo Specialist

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Peter@Condo613.ca 613-369-5199
14 Chamberlain Ave. #101, Ottawa, ON K1S 1V9

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