271 MCARTHUR AVENUE, Ottawa, Ontario, K1L 6P3

MLS® # X9522618

House For Sale In Vanier South, Ottawa, Ontario

$998,900 QuickQuote^TM: $953K - $1.2M

2+1 Beds

2 Baths

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271 Mcarthur Avenue, Ottawa, ON - Outdoor

271 Mcarthur Avenue, Ottawa, ON - Outdoor With Deck Patio Veranda

271 Mcarthur Avenue, Ottawa, ON - Photo Showing Other Room

271 Mcarthur Avenue, Ottawa, ON - Indoor Photo Showing Other Room

271 Mcarthur Avenue, Ottawa, ON - Indoor

271 Mcarthur Avenue, Ottawa, ON - Indoor Photo Showing Living Room With Fireplace

271 Mcarthur Avenue, Ottawa, ON - Indoor Photo Showing Dining Room

271 Mcarthur Avenue, Ottawa, ON - Indoor Photo Showing Kitchen

271 Mcarthur Avenue, Ottawa, ON - Indoor Photo Showing Bedroom

271 Mcarthur Avenue, Ottawa, ON - Indoor Photo Showing Bathroom

271 Mcarthur Avenue, Ottawa, ON - Indoor Photo Showing Living Room

271 Mcarthur Avenue, Ottawa, ON - Indoor Photo Showing Laundry Room

271 Mcarthur Avenue, Ottawa, ON - Outdoor With Deck Patio Veranda With Exterior

271 Mcarthur Avenue, Ottawa, ON - Indoor Photo Showing Basement

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271 MCARTHUR AVENUE, Ottawa, Ontario, K1L 6P3

$998,900

3 Beds

2 Baths

Property Information:

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:27)