$998,900
Available - For Sale
Listing ID: X9522622
271 MCARTHUR Avenue , Vanier and Kingsview Park, K1L 6P3, Ottawa
| For more information, please click Brochure button. Commercial/Residential Traditional Mainstreet (TM) soon to become MS1 H(20) zoned lot hosting a ready to live-in, well maintained and charming 2-floor detached brick house allowing multiple usages & a construction up to 20m high or 6-floor bldg. Property is located 5 mins from downtown Ottawa. An ideal property for professionals & investors who want to 1) use it as a home/office combination, 2) use it as a 1 or 2 unit rental with central utilities (can be sold furnished as an option), 3) use it partially or 100% commercially or 4) invest in it to convert it into a development project of up to 6 floor high building. Property has an easy access to the citybus, cycling paths, schools, shopping malls, restaurants, Queensway, hospitals, arena, & the bridges to the province of Quebec. This large 2 bedroom with an unregistered basement home office has been rented profitably since 2005. The property is recovered with hardwood, ceramic & laminated floors. The basement home office suite has been rented for 20 years as an opened concept autonomous studio with its kitchen equipped with full size fridge and self/easy clean stove, 3 piece washroom & dedicated house entrance and parking space. The property features a large 2-Tier deck Patio located in a fenced & treed backyard with no neighbour at the back, central A/C, 25 000 BTU gas fireplace, Oct 2022 high efficiency gas furnace owned for central heat /gas hot water tank owned, 2017 house roof. The potential gross rental income is approx. $45000/year with potential for revenue increase with no or a minimal investment. A detached shed on a foundation & with electricity has been used for cold storage and as a workshop since 2005 but could possibly be leveraged into a tiny house development project if desired. |
| Price | $998,900 |
| Taxes: | $3947.00 |
| Tax Type: | Unknow |
| Occupancy: | Vacant |
| Address: | 271 MCARTHUR Avenue , Vanier and Kingsview Park, K1L 6P3, Ottawa |
| Postal Code: | K1L 6P3 |
| Fronting On: | S |
| Province/State: | Ottawa |
| Legal Description: | PT LT H, PL 381, AS IN NS268715; VANIER/ |
| Lot Size: | 13.16 x 100.00 (Feet) |
| Directions/Cross Streets: | The property is facing South and is located on North side of McArthur Avenue in Vanier South neiborh |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 0 | |
| Washroom Type 32 | 0 | |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 | |
| Washroom Type 36 | 0 | |
| Washroom Type 37 | 0 | |
| Washroom Type 38 | 0 | |
| Washroom Type 39 | 0 | |
| Washroom Type 40 | 0 | |
| Washroom Type 41 | 0 | |
| Washroom Type 42 | 0 | |
| Washroom Type 43 | 0 | |
| Washroom Type 44 | 0 | |
| Washroom Type 45 | 0 | |
| Washroom Type 46 | 0 | |
| Washroom Type 47 | 0 | |
| Washroom Type 48 | 0 | |
| Washroom Type 49 | 0 | |
| Washroom Type 50 | 0 |
| Category: | Office |
| Building Percentage: | T |
| Total Area: | 1718.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 0 |
| Office/Appartment Area Code: | % |
| Retail Area: | 0 |
| Retail Area Code: | % |
| Gross Income/Sales: | $37500 |
| Net Income Before Debt: | $31500 |
| Year Expenses: | 2023 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | Unkn |
| Washrooms: | 0 |
| Volts: | 220 |
| Heat Type: | Unknown |
| Central Air Conditioning: | Unknown |
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At a Glance:
| Type: | Com - Office |
| Area: | Ottawa |
| Municipality: | Vanier and Kingsview Park |
| Neighbourhood: | 3404 - Vanier |
| Lot Size: | 13.16 x 100.00(Feet) |
| Tax: | $3,947 |
| Fireplace: | N |
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