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$949,000
Available - For Sale
Listing ID: X13620328
289 Mcarthur Avenue , Vanier and Kingsview Park, K1L 6P3, Ottawa


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!
Price $949,000
Taxes: $5509.67
Assessment Year: 2025
Occupancy: Tenant
Address: 289 Mcarthur Avenue , Vanier and Kingsview Park, K1L 6P3, Ottawa
Directions/Cross Streets: McArthur
Rooms: 20
Bedrooms: 8
Bedrooms +: 0
Family Room: F
Basement: Other
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Third Bedroom 10.89 11.05
Room 2 Third Bedroom 2 11.12 9.15
Room 3 Third Bedroom 3 11.12 8.92
Room 4 Third Dining Ro 11.12 10.17
Room 5 Third Kitchen 12.56 9.54
Room 6 Third Bathroom 6.56 5.41
Room 7 Second Bedroom 10.89 10.4
Room 8 Second Bedroom 2 11.12 9.15
Room 9 Second Bedroom 3 11.12 9.64
Room 10 Second Dining Ro 11.12 10.4
Room 11 Second Kitchen 10.92 9.54
Room 12 Second Bathroom 6.56 5.35
Room 13 Basement Bedroom 11.12 10.4
Room 14 Basement Bedroom 2 11.12 10.4
Room 15 Basement Living Ro 18.6 12.76
Washroom Type No. of Pieces Level
Washroom Type 1 3 Third
Washroom Type 2 3 Second
Washroom Type 3 3 Basement
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 3 Third
Washroom Type 7 3 Second
Washroom Type 8 3 Basement
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 3 Third
Washroom Type 12 3 Second
Washroom Type 13 3 Basement
Washroom Type 14 0
Washroom Type 15 0
Washroom Type 16 3 Third
Washroom Type 17 3 Second
Washroom Type 18 3 Basement
Washroom Type 19 0
Washroom Type 20 0
Washroom Type 21 3 Third
Washroom Type 22 3 Second
Washroom Type 23 3 Basement
Washroom Type 24 0
Washroom Type 25 0
Washroom Type 26 3 Third
Washroom Type 27 3 Second
Washroom Type 28 3 Basement
Washroom Type 29 0
Washroom Type 30 0
Washroom Type 31 3 Third
Washroom Type 32 3 Second
Washroom Type 33 3 Basement
Washroom Type 34 0
Washroom Type 35 0
Washroom Type 36 3 Third
Washroom Type 37 3 Second
Washroom Type 38 3 Basement
Washroom Type 39 0
Washroom Type 40 0
Washroom Type 41 3 Third
Washroom Type 42 3 Second
Washroom Type 43 3 Basement
Washroom Type 44 0
Washroom Type 45 0
Washroom Type 46 3 Third
Washroom Type 47 3 Second
Washroom Type 48 3 Basement
Washroom Type 49 0
Washroom Type 50 0
Washroom Type 51 3 Third
Washroom Type 52 3 Second
Washroom Type 53 3 Basement
Washroom Type 54 0
Washroom Type 55 0
Total Area: 0.00
Property Type: Triplex
Style: 3-Storey
Exterior: Brick
Garage Type: Detached
Drive Parking Spaces: 3
Pool: None
Approximatly Square Footage: 3500-5000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Window Unit
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
$
$ /Year
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$ /Year
$ /Year
$ /Year
Years
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%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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At a Glance:
Type: Freehold - Triplex
Area: Ottawa
Municipality: Vanier and Kingsview Park
Neighbourhood: 3404 - Vanier
Style: 3-Storey
Lot Size: x 97.00(Feet)
Approximate Age:
Tax: $5,509.67
Maintenance Fee: $0
Beds: 8
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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