289 MCARTHUR AVENUE, Ottawa, Ontario K1L 6P3
$979,000.00
- 8 bedrooms
- 3 bathrooms
Exceptional Investment & Redevelopment Opportunity - TM Zoned TriplexRare opportunity to acquire a well-maintained, income-producing triplex in the heart of Vanier with highly desirable Traditional Mainstreet (TM) zoning, offering outstanding flexibility for investors, developers, and owner-operators alike.This fully leased property features three residential units, all occupied by long-term tenants, providing stable and reliable rental income from day one. Additional revenue is generated through two detached garages that are currently rented, as well as a coin-operated laundry for tenant convenience.The property's Traditional Mainstreet (TM) zoning ... read more
Exceptional Investment & Redevelopment Opportunity - TM Zoned TriplexRare opportunity to acquire a well-maintained, income-producing triplex in the heart of Vanier with highly desirable Traditional Mainstreet (TM) zoning, offering outstanding flexibility for investors, developers, and owner-operators alike.This fully leased property features three residential units, all occupied by long-term tenants, providing stable and reliable rental income from day one. Additional revenue is generated through two detached garages that are currently rented, as well as a coin-operated laundry for tenant convenience.The property's Traditional Mainstreet (TM) zoning significantly enhances its long-term value by permitting a broad range of residential, commercial, and mixed-use opportunities. Continue operating the property as a successful triplex, renovate and add value, or explore the potential to redevelop into a higher-density residential or mixed-use building. TM zoning is designed to encourage intensification along established urban corridors and permits a variety of uses, including apartment dwellings, retail, offices, restaurants, professional services, and mixed-use developments.Situated along the McArthur Avenue corridor, this prime location offers quick access to downtown Ottawa, public transit, shopping, restaurants, schools, parks, hospitals, and the Rideau River pathways, making it an attractive location for both tenants and future redevelopment.Whether you're seeking a turnkey investment with dependable cash flow, land for future redevelopment, or a property with commercial and mixed-use potential, 289 McArthur Avenue presents an exceptional opportunity in one of Ottawa's established and evolving urban neighbourhoods. (id:25417)
- Listing ID: X13620328
- Property Type: Multi-family
| Property | |
|---|---|
| Lot Size: | 29 by 97 FT |
| Parking: | Detached Garage 5 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Triplex |
| Appliances: | Refrigerator, Stove, Washer and Dryer |
| HVAC: | Fireplace, Forced Air and Window Air Conditioner Natural Gas |
| Exterior: | Brick |
| Basement: | N/A (Other, See Remarks) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | Ottawa |
| Province: | Ontario |
| Rooms | Level | Dimensions |
|---|---|---|
| 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 |
Book a showing to see this Mcarthur Avenue Home in Ottawa
This property has so much to offer. Book a private showing now, as you do not want to miss out on 289 MCARTHUR AVENUE in Ottawa, Ontario!
Private Showing Request
Send a request to book a private showing for
.
Please Note: Information you supply in the contact form will be kept fully confidential.
Is this multi-family home the right property for you? Start a conversation to find out.
Get Directions to this Property
Not sure where this property is? Get directions to this Mcarthur Avenue Home in Ottawa.
Provided by SOLID ROCK REALTY. MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association.
Have questions or need more information about this home? Don't know where to begin? Then, let us connect you with the best real estate agent to guide you.
Inquiries submitted through this website will be responded to by a local sales representative from Royal LePage®.
Start a Conversation by Text
Provide your full name, phone and email to start a conversation by text message.
Please Note: Information you supply in the contact form will be kept fully confidential.
Start a Conversation by Email
Provide your full name and email to start a conversation by email.
Please Note: Information you supply in the contact form will be kept fully confidential.