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Hinchey Av Portfolio 3 Properties in Ottawa, ON
Executive Summary
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 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.)
Property Facts
| Sale Condition | Redevelopment Project | Individually For Sale | 1 |
| Sale Type | Investment | Total Building Size | 1,851 SF |
| Status | Active | Total Land Area | 0.51 AC |
| Number of Properties | 3 |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 1 |
| Total Building Size | 1,851 SF |
| Total Land Area | 0.51 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 143 Forward Av, Ottawa, ON K1Y 1L4 | Land | 0.14 AC | - | - |
| 144 Hinchey Av, Ottawa, ON K1Y 1L4 | Land | 0.12 AC | - | - |
| 140 Hinchey Av, Ottawa, ON K1Y 1L4 | Retail | 1,851 SF | 1950 | $1,608,648 |
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Hinchey Av Portfolio
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