$998,900
( )
 $5,362 est/mo Sourced by Back At You

271 Mcarthur Ave , Vanier and Kingsview Park, ON K1L 6P3

Vanier and Kingsview Park, ON K1L 6P3

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Description

For more info, click "More Information" button below. "Most beneficial use of property: Leverage it as per its mixed Commercial/Residential TM zoning to become MS1 in 2025: Great opportunity for Professionals/Business Owners to live in it or potentially use a part of the property commercially minimizing the commercial tax bill. As Ottawa pursues its densification, possibility to expand and leverage it partially or 100% commercially and build up to 6 floor or 20 m high. If use 100% residentially, the 2024 annual gross rent income is $37500 with operating cost of $6400/yr. For a net of $31100 (no mortgage). To make it available to new buyers, the property can be vacant with a two month's notice, studio rented at $1150/mth. The property is ready to live in. Target buyers: Professionals, investors, business owners. Numerous permitted use: retail store, restaurant, bank , daycare, apartment dwelling, museum etc. Consult the city to assess your project."

Details

MLS#X9522622
Listing TypeFor Sale
StyleOffice Building
Sub-TypeResale
StatusActive
Days On Site10
Listing Provided ByEASY LIST REALTY LTD. | Not Provided

Features

ZoningTM
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 35 minutes ago
ProvinceON
CountyVanier and Kingsview Park
CityVanier and Kingsview Park
Postal CodeK1L 6P3
AreaOttawa
Community Name3404 Vanier
Listing VS Median (in 3404 Vanier)
Price:
$998,900
low | high
Med:
$0
On Site:
10
low | high
Med:
Sourced by Back At You
Listing Updated: November 4, 2024 at 2:22:27 AM PST