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    For Sale - 289 Mcarthur Avenue, Vanier and Kingsview Park, Ontario

    Est payment $4,557/mo
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    Views   3
    Time on Jump  83 day

    AI Summary *

    • Well-maintained triplex with steady rental income from long-term tenants.
    • Zoned for residential, commercial, and mixed-use development options.
    • Added income from rented garages and coin-operated laundry facilities.
    • Located minutes from downtown, transit, shops, and parks.
    • Unique property with redevelopment potential and history as a former dental office.




    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!
    Listing IDX13620328
    Address289 Mcarthur Avenue
    CityVanier and Kingsview Park, Ontario
    Price$949,000
    Bed / Bath8 / 3 Full
    Style3-Storey, Triplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Carpet FreeOwnership FreeholdBasement OtherFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 5.00
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    Listing Brokerage: SOLID ROCK REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    289 Mcarthur Avenue
    Vanier and Kingsview Park , Ontario
    8 3 $949,000
    Get more info