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    For Sale - 143 Forward & 140-144 Hinchey Avenue, West Centre Town, Ontario

    Est payment $15,726/mo
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    Views   1
    Time on Jump  21 day

    AI Summary *

    • Transit-oriented development opportunity in a strategic location between two LRT stations.
    • Three-parcel assembly totaling approximately 18,705 sf for potential redevelopment.
    • Zoned N4B, allowing for as-of-right redevelopment and possible increased density.
    • Existing structures include income-generating duplexes and a parking lot.
    • Environmental assessments completed, meeting MECP standards for redevelopment plans.




    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.
    Listing IDX13830124
    Address143 Forward & 140-144 Hinchey Avenue
    CityWest Centre Town, Ontario
    Price$3,275,000
    StyleVacant Land
    TypeVacant Land
    StatusFor Sale

    Subtype Vacant LandOwnership FreeholdWaterfront None

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    Listing Brokerage: 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.

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    143 Forward & 140-144 Hinchey Avenue
    West Centre Town , Ontario
    $3,275,000
    Get more info