• Mobile: 416-882-5419
  • Office: 905-731-2000
  • Fax: 905-886-7556

$1,990,000
Available - For Sale
Listing ID: X8016124
374 Mcarthur Ave , Ottawa, K1L 6N7, Ontario
Listing image


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
Price $1,990,000
Taxes: $3837.00
Tax Type: Annual
Occupancy by: Vacant
Address: 374 Mcarthur Ave , Ottawa, K1L 6N7, Ontario
Postal Code: K1L 6N7
Province/State: Ontario
Legal Description: PT LT B, PL 131, BEING PART 1 ON PLAN 4R
Lot Size: 65.92 x 190.77 (Feet)
Directions/Cross Streets: Mcarthur Ave / St. Laurent Blv
Category: Designated
Use: Residential
Total Area: 12572.00
Total Area Code:  Sq Ft
Sewers: Sanitary
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
INTERNATIONAL REALTY FIRM, INC.
Personal Picture
Mina Nourikhalichi
Broker
Dir:
416-882-5419
Bus:
905-731-2000
Fax:
905-886-7556
 
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At a Glance:
Type: Com - Land
Area: Ottawa
Municipality: Ottawa
Neighbourhood: Vanier
Style:
Lot Size: 65.92 x 190.77(Feet)
Approximate Age:
Tax: $3,837
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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