$1,990,000^{FOR SALE}

Land

Lot: 65.92 x 190.77 ftTotal Area: 12,572 ft²
2023 Taxes: $3,837

374 Mcarthur Ave
Ottawa, ON K1L 6N7 | Vanier

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

Listed By	INTERNATIONAL REALTY FIRM, INC.
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X8016124
Last Updated	Aug 16, 2024

Property Summary

Property Type	Land More like this: Ottawa Land for Sale
Use	Residential
Category	Designated
PIN	042470087
Legal Description	PT LT B, PL 131, BEING PART 1 ON PLAN 4R-27630 CITY OF OTTAWA
Occupancy	Vacant
Taxes (2023)	$3,837
Tax Type	Annual
Directions/Cross Streets	Mcarthur Ave / St. Laurent Blv
Neighbourhood	Vanier
Area	Ottawa

Price History

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Detailed Information

Lot	65.92 x 190.77 ft
Total Area	12,572 ft²
Basement	N
Sewers	Sanitary
Utilities	A
Water	Municipal
Lot/Bldg/Unit Code	Lot
Zoning	TM
Seller Property Info Statement	N

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374 Mcarthur Ave, Ottawa, ON K1L 6N7

Land

374 Mcarthur Ave Ottawa, ON K1L 6N7 | Vanier

374 Mcarthur Ave
Ottawa, ON K1L 6N7 | Vanier