271 MCARTHUR AVENUE, Ottawa, Ontario, K1L 6P3

$998,900

MLS® # X9522618

House For Sale In Vanier South, Ottawa, Ontario

$998,900

  • 3

    Bedrooms

  • 2

    Baths

  • 43.2 x 100 FT ; 0

    Lot Size

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)

Building Features:

  • Style: Detached
  • Building Type: House
  • Amenities:
  • Basement Development: Partially finished
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Easement: Unknown
  • Exterior Finish: Brick
  • Fireplace: Yes
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dishwasher, Dryer, Hood Fan, Microwave, Two stoves, Washer

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 2+1
  • Bathrooms: 2
  • Amenities Nearby: Public Transit, Park
  • Features: Wooded area, Level
  • Fence Type: Fenced yard
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 100 Feet
  • Lot Frontage: 43.2 Feet
  • Lot Size: 43.2 x 100 FT ; 0
  • Structure Type: Deck
  • Zoning: TM article 197 & 198
  • Sewer: Septic System
  • No. of Parking Spaces: 3

Rooms:

  • Bathroom 2nd Level 2.56 m x 2.18 m
  • Other 2nd Level 2.33 m x 0.81 m
  • Primary Bedroom 2nd Level 7.31 m x 3.30 m
  • Bedroom 2nd Level 3.98 m x 3.60 m
  • Kitchen Basement Level 4.74 m x 2.26 m
  • Bedroom Basement Level 4.69 m x 4.36 m
  • Kitchen Main Level 4.01 m x 3.25 m
  • Dining Main Level 4.03 m x 3.32 m
  • Living Main Level 5.28 m x 3.65 m
  • Other Main Level 2.89 m x 1.77 m
  • Other Main Level 2.61 m x 0.96 m
  • Other Main Level 4.19 m x 3.55 m

Courtesy of: EASY LIST REALTY LTD.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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