Br (3.37 × 3.32)
Level: 3rd
Vanier, Ottawa, Ontario K1L 6P3
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!
Buy/Sell history for 289 Mcarthur Ave, Ottawa, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $949,000 | N/A | Ext | X13620328 |
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Level: 3rd
Level: 3rd
Level: 3rd
Level: 3rd
Level: 3rd
Level: 3rd
Level: 2nd
Level: 2nd
Level: 2nd
Level: 2nd
Level: 2nd
Level: 2nd
Level: Bsmt
Level: Bsmt
Level: Bsmt
Level: Bsmt
Level: Bsmt
Level: Bsmt
Level: 3rd
Level: 2nd
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data
Province of Ontario open data
Municipal transit open data · Province of Ontario open data
Province of Ontario open data · Government of Canada open data
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Monthly Payment
$4,351
Total monthly payment
$4,810
Break-even down payment
100%
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$949,000
$949,000
CAD
Estimated market value
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