243-245 Hinchey Avenue, West Centre Town

$1,650,000
243-245 Hinchey Avenue

$1,650,000

New
268d
Land

243-245 Hinchey Avenue, West Centre Town

Total Monthly Obligation $7,704

Beds
0
Baths
0
Park
0
DOM
268d
Property Type-Land
MLS® Number-X12736048
Beds-0
Lot Size-66 × 96 ft
Listed on site-Jan 28, 2026
Building Type-Land
Taxes-$8,083.63 (2025)
Brokerage-ENGEL & VOLKERS OTTAWA
Fireplace-No
Pool-None
Sewer-Sanitary+Storm Available
Possession-30 Days
Neighbourhood-4202 - Hintonburg
Title-Commercial

No agent assigned

PERMIT READY, SITE PLAN APPROVED 16 UNIT DEVELOPMENT SITE SITUATED IN THE HEART OF HINTONBURG. Welcome to 243 - 245 Hinchey Avenue, two side-by-side lots being sold together in one of Ottawa's most vibrant and evolving neighborhoods. Together, the lots offer approximately 0.146 acres (6,330 sq. ft.) of prime urban land with a combined frontage of 65.92 feet and a depth of 96 feet. This central location is steps from Tunney's Pasture, LRT transit, Scott Street amenities, and Wellington Village shops and restaurants, offering unbeatable walkability and convenience. Whether you're looking to build and hold or sell completed units in a high-demand area, this property checks all the boxes. This project is eligible for CMHC's MLI Select program, offering lucrative 40-50 year financing options.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$1,320,000
Land Transfer Taxes$29,475
Legal Fees (Est.)
$
Total cash required for closing$360,975

Total Monthly Obligation

$7,704/mo
Mortgage $6,656
Monthly Loss $5,953
Principal$1,751
Interest$4,904
Property Tax$674
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

Assumptions & Inputs
$/mo
%
$
yr
%

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 243-245 Hinchey Avenue

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.