About 289 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:6289)
More Info on this 3404 - Vanier Triplex MLS® listing
289 Mcarthur Avenue is a triplex listing for sale in Ottawa. The MLS® number is X13620328. It features 8 bedrooms, 3 bathrooms. It's currently listed for $949,000. For more details on MLS® X13620328, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This triplex listing in 3404 - Vanier is available now!
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Have a similar home to 289 Mcarthur Avenue? If you’re thinking about selling your 3404 - Vanier triplex property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Ottawa property.
