Gurvinder Nokwal REALTOR®
For Sale Vacant Land 23 days on market

$3,275,000

Est. payment $14,501/moCalculate yours

143 Forward & 140-144 Hinchey Avenue, West Centre Town, ON K1Y 1K8

4201 - Mechanicsville, West Centre Town, ON K1Y 1K8

Map

Listing courtesy of SUTTON GROUP - OTTAWA REALTY MLS® X13830124

About this home

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.

Property details

Overview

Property Type
Vacant Land
For
For Sale
Status
New

Lot & Parking

Lot Size
100.52 x 215.71 Feet
Zoning
N4B

Financial

Property Taxes
$41,470 (2025)

Location

Neighbourhood
4201 - Mechanicsville
Cross Street
Parkdale and Scott
Direction Faces
West

Listing

MLS® Number
X13830124
Days on Market
23
Listed On
2026-09-25
Possession
Tenanted
Listed By
SUTTON GROUP - OTTAWA REALTY

Mortgage calculator

Minimum for this price: $655,000 (20%)

Amortization, years

Estimated mortgage payment

$14,501 per month

Principal and interest
$14,501
Property tax
$3,456
Estimated monthly cost
$17,957

Your mortgage

Mortgage amount
$2,620,000
Mortgage insurance
Not needed
Interest over 25 years
$1,730,297

Cash to close

Down payment
$655,000
Land transfer tax
$68,350
Total, before legal fees
$723,350
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

143 Forward & 140-144 Hinchey Avenue, West Centre Town, ON K1Y 1K8 4201 - Mechanicsville, West Centre Town, ON K1Y 1K8
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$3,275,000 143 Forward & 140-144 Hinchey Avenue, West Centre Town, ON K1Y 1K8
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