143 Forward & 140-144 Hinchey Avenue photo 1
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143 Forward & 140-144 Hinchey Avenue

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

ActiveFor Sale
0 Beds
0 Baths
Land

About This Property

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

StatusActive
Property TypeLand
Listing TypeFor Sale
Bedrooms0
Bathrooms0
Taxes (2025)$41,470
Postal CodeK1Y 1K8
Last UpdatedOct 28, 2026 · 1:25 p.m.

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TRREB MLS® Attribution

MLS® X13830124

Listed by SUTTON GROUP - OTTAWA REALTY

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$3,275,000

asking price

MLS®X13830124
TypeLand
CityWest Centre Town
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$15,992

/month · $2,620,000 mortgage

Down Payment20% — $655,000
Interest Rate5.5%

Amortization

Total Interest

$2,177,677

Total Cost

$4,797,677

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

SUTTON GROUP - OTTAWA REALTY