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374 Mcarthur Avenue Ottawa (Vanier), Ontario K1L 6N7

12572 sqft

$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


International Realty Firm, Inc.
15 Gervais Dr 7th Flr
Toronto, Ontario M3C 3S2

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