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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$3,275,000
Available - For Sale
Listing ID: X13830124
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.
Price $3,275,000
Taxes: $41,470
Occupancy by: Partial
Address: 143 Forward & 140-144 Hi Avenue , West Centre Town, K1Y 1K8, Ottawa
Acreage: < .50
Directions/Cross Streets: Parkdale and Scott
Bedrooms: 0
Bedrooms +: 0
Washrooms: 0
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Property Type: Vacant Land
Drive Parking Spaces: 0
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Utilities-Cable: A
Utilities-Hydro: Y
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SUTTON GROUP - OTTAWA REALTY

143 Forward & 140-144 Hi Avenue , West Centre Town, K1Y 1K8, Ottawa

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Stan Khurana
Sales Representative
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6473836000
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905-883-1988

 
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Type: Freehold - Vacant Land
Area: Ottawa
Municipality: West Centre Town
Neighbourhood: 4201 - Mechanicsville
Style:
Lot Size: x 215.71(Feet)
Approximate Age:
Tax: $41,470
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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