$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
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Listed By INTERNATIONAL REALTY FIRM, INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8016124
Last Updated Apr 15, 2024
Property Summary
Property Type Land

More like this:
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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