ON > Ottawa > 3404 - Vanier
Ottawa, ON K1L 6P3,271 MCARTHUR AVE
Ottawa, ON K1L 6P3,271 MCARTHUR AVE
Ottawa, ON K1L 6P3,271 MCARTHUR AVE
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$998,900
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3 Beds
2 Baths
Active

271 MCARTHUR AVE Ottawa, ON K1L 6P3

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Mico Radulovic

Mico Radulovic

+1(519) 722-3434

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision 3404 - Vanier

MLS Listing ID X9522618

Style 2-Storey

Bedrooms 3

Annual Tax Amount $3,947

Tax Year 2024

Property Sub-Type Detached

Property Description

For more information, please click Brochure button. Commercial/Residential Traditional Mainstreet (TM) soon to become MS1 H(20) zoned lot hosting a ready to live-in, well maintained and charming 2-floor detached brick house allowing multiple usages & a construction up to 20m high or 6-floor bldg. Property is located 5 mins from downtown Ottawa. An ideal property for professionals & investors who want to 1) use it as a home/office combination, 2) use it as a 1 or 2 unit rental with central utilities (can be sold furnished as an option), 3) use it partially or 100% commercially or 4) invest in it to convert it into a development project of up to 6 floor high building. Property has an easy access to the citybus, cycling paths, schools, shopping malls, restaurants, Queensway, hospitals, arena, & the bridges to the province of Quebec. This large 2 bedroom with an unregistered basement home office has been rented profitably since 2005. The property is recovered with hardwood, ceramic & laminated floors. The basement home office suite has been rented for 20 years as an opened concept autonomous studio with its kitchen equipped with full size fridge and self/easy clean stove, 3 piece washroom & dedicated house entrance and parking space. The property features a large 2-Tier deck Patio located in a fenced & treed backyard with no neighbour at the back, central A/C, 25 000 BTU gas fireplace, Oct 2022 high efficiency gas furnace owned for central heat /gas hot water tank owned, 2017 house roof. The potential gross rental income is approx. $45000/year with potential for revenue increase with no or a minimal investment. A detached shed on a foundation & with electricity has been used for cold storage and as a workshop since 2005 but could possibly be leveraged into a tiny house development project if desired.

Location

Province ON

County Ottawa

Community 3404 - Vanier

Area Ottawa

Rooms

Family Room No

Basement Full, Partially Finished

Kitchen 2

Separate Den/Office 1

Interior

Interior Features Water Heater Owned

Cooling Central Air

Fireplaces Type Natural Gas

Fireplace Yes

Heat Source Gas

Exterior

Exterior Feature Deck

Parking Features Available

Pool None

Roof Type Asphalt Shingle

Topography Level

Lot Frontage 43.17

Lot Depth 100.0

Total Parking Spaces 3

Building

Unit Features Public Transit,Park,Wooded/Treed,Fenced Yard

Foundation Block

Others

Security Features Unknown

ParcelsYN No

Listed by EASY LIST REALTY LTD.

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Mico Radulovic

Mico Radulovic

Real Estate Broker

+1(519) 722-3434

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271 MCARTHUR AVE

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