289 Mcarthur Avenue, Vanier and Kingsview Park, ON K1L 6P3
Vanier and Kingsview Park, ON K1L 6P3
About this property
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!
Property facts & features
- Property type
- Triplex
- MLS® number
- X13620328
- Source status
- Extension
- Bedrooms
- 8
- Bathrooms
- 3
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- K1L 6P3
- Parking spaces
- 5
- Garage
- Detached
- Lot depth (source units)
- 97
- Annual property tax
- 5509.67
- Basement
- Other
- Laundry
- Not provided
- Interior features
- Carpet Free
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
Extension · $949,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Vanier and Kingsview Park →Listing brokerage: SOLID ROCK REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13620328. Information deemed reliable but not guaranteed.