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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:54186)

Business

Business Type Residential
Business Sub Type Residential

Property Details

MLS® Number X8016124
Property Type Vacant Land
Neigbourhood Vanier
Community Name Vanier

Building

Size Interior 12572 Sqft
Utility Water Municipal Water

Land

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

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Stas Dimitropoulos
Salesperson

(647) 313-3400

International Realty Firm, Inc.

(647) 313-3400
(289) 475-5524
www.internationalrealtyfirm.com

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