289 Mcarthur Avenue, Ottawa, Ontario K1L 6P3

Listed for:

$949,000

8 beds

3 baths

Listed 107 days ago

Triplex for rent: 289 Mcarthur Avenue, Ottawa, Ontario K1L 6P3

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About

Cross Streets: McArthur. ** Directions: Highway 417:Take Exit 118 - Vanier Parkway.Head north on Vanier Parkway.Turn right onto McArthur Avenue. 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:27476)

Property Highlights

MLS® Number

X13620328

Type

Multi-family

Community Name

3404 - Vanier

Land Size

29 x 97 FT

Parking Space Total

Building

Building Type

Triplex

Storeys

3.00

Square Footage

3500 - 5000 sqft

Bathrooms Total

Bedrooms Above Ground

Bedrooms Total

Exterior Finish

Brick

Fireplace Present

Basement Type

N/A (Other, See Remarks)

Basement Features

Building Heating Type

Forced air

Heating Fuel

Natural gas

Building Cooling Type

Window air conditioner

Utilities

Water

Municipal water

Utility Sewer

Sanitary sewer

Room Layout

Kitchen

Second level

3.33 m x 2.91 m

Bathroom

Second level

2 m x 1.63 m

Living room

Second level

5.67 m x 3.89 m

Bedroom

Second level

3.32 m x 3.17 m

Bedroom 2

Second level

3.39 m x 2.79 m

Bedroom 3

Second level

3.39 m x 2.94 m

Dining room

Second level

3.39 m x 3.17 m

Bedroom

Third level

3.32 m x 3.37 m

Bedroom 2

Third level

3.39 m x 2.79 m

Living room

Third level

5.67 m x 3.89 m

Bedroom 3

Third level

3.39 m x 2.72 m

Dining room

Third level

3.39 m x 3.1 m

Kitchen

Third level

3.83 m x 2.91 m

Bathroom

Third level

2 m x 1.65 m

Bedroom

Basement

3.39 m x 3.17 m

Bedroom 2

Basement

3.39 m x 3.17 m

Living room

Basement

5.67 m x 3.89 m

Kitchen

Basement

3.33 m x 2.91 m

Laundry room

Basement

3.33 m x 3.92 m

Bathroom

Basement

2.29 m x 1.65 m

Location

Learn more about this property

Listing provided by:

SOLID ROCK REALTY

MLS® number:

X13620328

Agent:

Cynthia Longo

Phone:

(613) 863-9797

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