374 Mcarthur Ave, Ottawa, Ontario

$1,990,000

Previous Next

12,572

Square feet

About 374 Mcarthur Ave

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:36535)

Features of 374 Mcarthur Ave

Listing # X8016124
Price $1,990,000
Bathrooms 0.00
Square Footage 12,572
Acres 0.00
Type Vacant Land

Community Information

Address 374 Mcarthur Ave
Subdivision Vanier
City Ottawa
Province Ontario
Postal Code K1L6N7

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description 65.92 x 190.77 FT

Listing Details

OfficeCourtesy Of STAS DIMITROPOULOS Of INTERNATIONAL REALTY FIRM, INC.

Listing Map