For Sale - 140 Hinchey Avenue, West Centre Town, Ontario

Est payment $9,484/mo
Views   1
Time on Jump  1 days
  • Prime 10,828.48 sq.ft. parcel near Tunney's Pasture LRT Station.
  • Currently generating income from a parking lot and automotive facility.
  • Flexible redevelopment options for various commercial or residential uses.
  • Potential to combine with neighboring parcels for larger development.
  • Comprehensive due diligence materials available for serious inquiries.



Opportunity knocks with this prime 10,828. 48 sq. Ft. Parcel (outlined in red) located approximately 500 metres from the tunney's pasture lrt station. 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 an 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). Income/expense statements, rent roll, and supporting due diligence materials available upon execution of a signed nda.
Listing IDX13043810
Address140 Hinchey Avenue
CityWest Centre Town, Ontario
Price$1,975,000
StyleCommercial Retail
TypeIndustrial/Commercial
StatusFor Sale
Subtype Commercial RetailCommunity Features Public TransitHeating / Cooling Other
ASAP

Mon

27

Apr

Tue

28

Apr

Wed

29

Apr

Thu

30

Apr

Fri

1

May

Sat

2

May

Sun

3

May

Mon

4

May

Tue

5

May

Wed

6

May

Thu

7

May

Fri

8

May

Sat

9

May

Sun

10

May

Mon

11

May

Tue

12

May

Wed

13

May

Thu

14

May

Fri

15

May

Sat

16

May

Sun

17

May

Mon

18

May

Tue

19

May

Wed

20

May

Thu

21

May

Fri

22

May

Sat

23

May

Sun

24

May

Mon

25

May

By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

Listing Agency:  SUTTON GROUP - OTTAWA REALTY

* Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

Hospital
Parks
Schools
Place of Worship
Please select an amenity above to view a list.

Recommended Properties

Loading...
140 Hinchey Avenue
West Centre Town , Ontario
$1,975,000
Get more info