289 Mcarthur Avenue Ottawa, Ontario K1L 6P3

8 Bedroom 3 Bathroom 3,500 - 5,000 sqft
Window Air Conditioner Forced Air

$949,000

PRIME INVESTMENT & REDEVELOPMENT OPPORTUNITY IN THE HEART OF VANIER! Discover the potential of 289 McArthur Avenue, a well-maintained, income-producing triplex offering exceptional versatility for investors, developers, and entrepreneurs. Fully leased with three long-term residential tenants, this property provides established rental income from day one. Formerly a dental office, the property offers a unique history and exciting possibilities for future use. Zoned Traditional Mainstreet (TM), it presents opportunities for residential, commercial, and mixed-use development, subject to municipal approvals. Maintain the existing triplex, enhance rental income through improvements, or explore redevelopment and intensification potential. Additional income is generated from two rented detached garages and coin-operated laundry facilities. Ideally situated along the McArthur Avenue corridor, just minutes from downtown Ottawa, public transit, shopping, restaurants, schools, parks, and the Rideau River pathways. With its established rental income, desirable urban location, and flexible zoning, this property offers both immediate investment value and exciting long-term potential. INVEST TODAY, DEVELOP TOMORROW - THE POSSIBILITIES ARE ENDLESS! (id:20425)

Property Details

MLS® Number X13620328
Property Type Multi-family
Community Name 3404 - Vanier
Equipment Type Water Heater
Features Carpet Free
Parking Space Total 5
Rental Equipment Type Water Heater

Building

Bathroom Total 3
Bedrooms Above Ground 8
Bedrooms Total 8
Appliances Dryer, Stove, Washer, Refrigerator
Basement Development Other, See Remarks
Basement Type N/a (other, See Remarks)
Cooling Type Window Air Conditioner
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 3,500 - 5,000 Sqft
Type Triplex
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 97 Ft
Size Frontage 29 Ft
Size Irregular 29 X 97 Ft
Size Total Text 29 X 97 Ft

Rooms

Level Type Dimensions
Second Level Kitchen 3.33 m x 2.91 m
Second Level Bathroom 2 m x 1.63 m
Second Level Living Room 5.67 m x 3.89 m
Second Level Bedroom 3.32 m x 3.17 m
Second Level Bedroom 2 3.39 m x 2.79 m
Second Level Bedroom 3 3.39 m x 2.94 m
Second Level Dining Room 3.39 m x 3.17 m
Third Level Bedroom 3.32 m x 3.37 m
Third Level Bedroom 2 3.39 m x 2.79 m
Third Level Living Room 5.67 m x 3.89 m
Third Level Bedroom 3 3.39 m x 2.72 m
Third Level Dining Room 3.39 m x 3.1 m
Third Level Kitchen 3.83 m x 2.91 m
Third Level Bathroom 2 m x 1.65 m
Basement Bedroom 3.39 m x 3.17 m
Basement Bedroom 2 3.39 m x 3.17 m
Basement Living Room 5.67 m x 3.89 m
Basement Kitchen 3.33 m x 2.91 m
Basement Laundry Room 3.33 m x 3.92 m
Basement Bathroom 2.29 m x 1.65 m

https://www.realtor.ca/real-estate/30095260/289-mcarthur-avenue-ottawa-3404-vanier

Contact Us

Contact us for more information

Generating Captcha

Cynthia Longo
Salesperson

(613) 863-9797

Solid Rock Realty
5 Corvus Court
Ottawa, Ontario K2E 7Z4

(855) 484-6042
(613) 733-3435

Your Favourites

 

No Favourites Found