2 Beds 2 Bath

271 MCARTHUR Avenue, Vanier and Kingsview Park, ON K1L 6P3

Vanier and Kingsview Park K1L 6P3 Ontario

MLS: X9522618

$998,900

Added 9 days ago | For Sale

Listed by: EASY LIST REALTY LTD.

About Property

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.

Features

  • House Style:Detached
  • Bathrooms:2
  • Land Size: 43.17 X 100
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:The property is facing South and is located on North side of McArthur Avenue in Vanier South neiborhoods. The closest high traffic intersection is the Vanier Parkway/McArthur Avenue intersection.
  • Basement:Full,Partially Finished , Full,Partially Finished
  • Possession Date:Negotiable
  • Annual Property taxes: $3947
  • Bedrooms:2 +1
  • Total Parking Spaces:3
  • Parking Places:3
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:X9522618

Level Type Features Dimensions
Main Kitchen 13 ft, 2 in x 10 ft, 8 in
Dining Room 13 ft, 3 in x 10 ft, 11 in
Living Room 17 ft, 4 in x 12 ft
Other 9 ft, 6 in x 5 ft, 10 in
Other 8 ft, 7 in x 3 ft, 2 in
Other 13 ft, 9 in x 11 ft, 8 in
Second Primary Bedroom 24 ft x 10 ft, 10 in
Bedroom 13 ft, 1 in x 11 ft, 10 in
Bathroom 8 ft, 5 in x 7 ft, 2 in
Other 7 ft, 8 in x 2 ft, 8 in
Basement Bedroom 15 ft, 5 in x 14 ft, 4 in
Kitchen 15 ft, 7 in x 7 ft, 5 in

No property rooms available.

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