374 Mcarthur Avenue Ottawa, Ontario K1L 6N7
$1,990,000
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 (id:52603)
Business
| Business Type | Residential |
| Business Sub Type | Residential |
Property Details
| MLS® Number | X8016124 |
| Property Type | Vacant Land |
| Community Name | Vanier |
Building
| Size Interior | 12572 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Irregular | 65.92 X 190.77 Ft |
| Size Total Text | 65.92 X 190.77 Ft |
https://www.realtor.ca/real-estate/26438484/374-mcarthur-avenue-ottawa-vanier
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May 14 2024 05:03:17
Toronto Real Estate Board
International Realty Firm, Inc.