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Home ON Ottawa - Gatineau Ottawa Vanier Vanier South
374 MCARTHUR AVENUE
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374 MCARTHUR AVENUE $1,990,000
$1,990,000
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374 MCARTHUR AVENUE
Ottawa (Vanier), Ontario K1L6N7

MLS® Number: X8016124

Listing Description

Vacant lot with shovel ready development project. Site plan approved for a 6-storey, 64-unit residential building appraised at $22M+ with ground level parking, bike storage, lockers, laundry, a gym, and more. Building permits are 75% done and land is appraised at $2.6M. Ideal for any real estate developers, or builders. **** EXTRAS **** The development scores a 100% energy rating which qualifies for CMHC MLI Select Financing program. Buyer can take advantage of heavily subsidized CMHC loans, including 50-year amortization and lowest interests rates on the market (34454608)

Location Description

Mcarthur Ave / St. Laurent Blv

Property Summary

Property Type
Vacant Land
Community Name
Vanier
Land Size
65.92 x 190.77 FT
Annual Property Taxes
$3,837
Time on REALTOR.ca
288 days

Building

Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Business
Business Type
Residential (Residential)

Measurements

Square Footage
12572 sqft

Land

Lot Features
Frontage
65 ft ,11 in
Land Depth
190 ft ,9 in
Other Property Information
Zoning Description
TM
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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