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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:54186)
Business Type | Residential |
Business Sub Type | Residential |
MLS® Number | X8016124 |
Property Type | Vacant Land |
Neigbourhood | Vanier |
Community Name | Vanier |
Size Interior | 12572 Sqft |
Utility Water | Municipal Water |
Acreage | No |
Sewer | Sanitary Sewer |
Size Depth | 190 Ft ,9 In |
Size Frontage | 65 Ft ,11 In |
Size Irregular | 65.92 X 190.77 Ft |
Size Total Text | 65.92 X 190.77 Ft |
Zoning Description | Tm |
https://www.realtor.ca/real-estate/26438484/374-mcarthur-avenue-ottawa-vanier-vanier
Contact us for more information
Stas Dimitropoulos
Salesperson
(647) 313-3400
(289) 475-5524
www.internationalrealtyfirm.com