161 Hinchey Avenue, Ottawa, photo 1 1 / 3

$1,295,000

161 Hinchey Avenue

Mechanicsville, Ottawa, ON K1Y1L5 · MLS® X13774194

  • 5,000 square feetLiving area

About this property

CALLING ALL INVESTORS and DEVELOPERS!! Permit Ready 12 Unit Build ready to go! Take advantage of plans already in place and a property ready to be demolished. Use MLI Select financing for this 12 Unit Building, with over 330K gross revenue per year. This is in a spectacular location to maximize possible rental income. LRT, shops, parks and recreation nearby, public transit, etc. This would be a great property in an unbeatable location to add to your portfolio. (id:65933)

Type
Vacant Land
Category
Vacant Land
Annual taxes
$7,500
Updated
Sep 29, 2026

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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.

Listed by Coldwell Banker Sarazen Realty.

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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