Ottawa Realtor Michele Xu

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289 MCARTHUR AVENUE

Ottawa, Ontario K1L6P3

$949,000 for sale

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MLS®:
X13620328
Contract Days:
98
Community:
Ownership:
Property Type:
Triplex
Total Size:
29 x 97 FT
Built Date:
Parking:
5
Bedrooms:
8+
Bathrooms:
3
Interior Features
Construction Style:
Total Stories:
3
Total Bedrooms:
8
Bedrooms Above Ground:
8
Bedrooms Below Ground:
Total Bathrooms:
3
Whole Bathrooms:
3
Half Bathrooms:
Basement Type:
N/A (Other, See Remarks)
Basement Development:
Other, See Remarks
Appliances:
Dryer, Stove, Washer, Refrigerator
Exterior Features
Built Date:
Exterior Finish:
Brick
Foundation Type:
Poured Concrete
Utitilies
Heating Type:
Forced air
Heating Fuel:
Natural gas
Cooling Type:
Window air conditioner
Utility Water:
Municipal water
Sewer:
Sanitary sewer
Total Fireplaces:
Type
Level
Size
Bathroom
Basement
2.29 m x 1.65 m
Laundry room
Basement
3.33 m x 3.92 m
Kitchen
Basement
3.33 m x 2.91 m
Living room
Basement
5.67 m x 3.89 m
Bedroom 2
Basement
3.39 m x 3.17 m
Bedroom
Basement
3.39 m x 3.17 m
Bathroom
Third level
2 m x 1.65 m
Kitchen
Third level
3.83 m x 2.91 m
Dining room
Third level
3.39 m x 3.1 m
Bedroom 3
Third level
3.39 m x 2.72 m
Living room
Third level
5.67 m x 3.89 m
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

Note

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:19004)

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