374 Mcarthur Avenue Ottawa (Vanier), Ontario K1L 6N7
$1,990,000
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 (id:58770)
Business
BusinessType | Residential |
BusinessSubType | Residential |
Property Details
MLS® Number | X8016124 |
Property Type | Vacant Land |
Community Name | Vanier |
Building
SizeInterior | 12572 Sqft |
UtilityWater | Municipal Water |
Land
Acreage | No |
Sewer | Sanitary Sewer |
SizeDepth | 190 Ft ,9 In |
SizeFrontage | 65 Ft ,11 In |
SizeIrregular | 65.92 X 190.77 Ft |
SizeTotalText | 65.92 X 190.77 Ft |
ZoningDescription | Tm |
https://www.realtor.ca/real-estate/26438484/374-mcarthur-avenue-ottawa-vanier-vanier
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Stas Dimitropoulos
Salesperson
15 Gervais Dr 7th Flr
Toronto, Ontario M3C 3S2