$ 1,990,000
374 MCARTHUR AVENUE Ottawa (vanier), ON K1L6N7
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$ 1,990,000
Est. payment | /mo
12,572 SqFt
$ 1,990,000
Est. payment | /mo
12,572 SqFt
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Square Footage 12,572 sqft
Price per Sqft $158
Subdivision Vanier
MLS® Listing ID X8016124
Originating Board Toronto Regional Real Estate Board
Property Description
Vacant lot with shovel ready development project. Site plan approved for a 6-storey, 64-unit residential building appraised at $22M+ with ground level parking, bike storage, lockers, laundry, a gym, and more. Building permits are 75% done and land is appraised at $2.6M. Ideal for any real estate developers, or builders. **** EXTRAS **** The development scores a 100% energy rating which qualifies for CMHC MLI Select Financing program. Buyer can take advantage of heavily subsidized CMHC loans, including 50-year amortization and lowest interests rates on the market (id:24570)
Location
Province ON
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Building
Sewer Sanitary sewer
Listed by INTERNATIONAL REALTY FIRM, INC.
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