9 Melrose Ave, Ottawa, ON K1Y 1T8

Mixed-use Victorian on quiet tree-lined street in Hintonburg w/ strong visibility to pedestrian traffic on bustling Wellington West. Flexible TM zoning and redevelopment clause in existing commercial lease, allow for immediate redevelopment of entire bldg into a professional office, restaurant, retail store etc. The existing configuration includes main floor commercial space & fully updated residential unit on the upper floors. Main floor commercial unit offers reception, 2 enclosed offices, a powder room & kitchen. The spacious 2-storey residential features modern kitchen, bath, hardwood & gas fireplace. Long driveway & spacious backyard offer ample parking for commercial uses or a private sun-filled yard. The excellent development rights make this an attractive development target & provide excellent potential for land value appreciation (i.e. TM zoning allows for 6-story development to the rear & side lot lines & the "inner-urban main street" designation eliminates required parking).