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271 Mcarthur Avenue Ottawa, Ontario K1L 6P3

3 Bedroom 2 Bathroom 1,500 - 2,000 ft2
Fireplace Central Air Conditioning Forced Air

$998,900

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. (id:37351)

Property Details

MLS® Number X9522618
Property Type Single Family
Community Name 3404 - Vanier
AmenitiesNearBy Public Transit, Park
Easement Unknown
Features Wooded Area, Level
ParkingSpaceTotal 3
Structure Deck

Building

BathroomTotal 2
BedroomsAboveGround 2
BedroomsBelowGround 1
BedroomsTotal 3
Amenities Visitor Parking, Fireplace(s)
Appliances Water Heater, Dishwasher, Dryer, Hood Fan, Microwave, Two Stoves, Washer, Two Refrigerators
BasementDevelopment Partially Finished
BasementType Full (partially Finished)
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick
FireplacePresent Yes
FireplaceTotal 1
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1,500 - 2,000 Ft2
Type House
UtilityWater Municipal Water

Land

Acreage No
FenceType Fenced Yard
LandAmenities Public Transit, Park
Sewer Septic System
SizeDepth 100 Ft
SizeFrontage 43 Ft ,2 In
SizeIrregular 43.2 X 100 Ft ; 0
SizeTotalText 43.2 X 100 Ft ; 0
ZoningDescription Tm Article 197 & 198

Rooms

Level Type Dimensions
Second Level Bathroom 2.56 m x 2.18 m
Second Level Other 2.33 m x 0.81 m
Second Level Primary Bedroom 7.31 m x 3.3 m
Second Level Bedroom 3.98 m x 3.6 m
Basement Kitchen 4.74 m x 2.26 m
Basement Bedroom 4.69 m x 4.36 m
Main Level Kitchen 4.01 m x 3.25 m
Main Level Dining Room 4.03 m x 3.32 m
Main Level Living Room 5.28 m x 3.65 m
Main Level Other 2.89 m x 1.77 m
Main Level Other 2.61 m x 0.96 m
Main Level Other 4.19 m x 3.55 m

https://www.realtor.ca/real-estate/27540685/271-mcarthur-avenue-ottawa-3404-vanier

Contact Us

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Sophie Giterman
Broker of Record

(416) 993-1040
easylistrealty.ca/

Easy List Realty Ltd.
750 Randolph Ave
Windsor, Ontario N9B 2T8

(888) 323-1998
easylistrealty.ca/

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