374 MCARTHUR AVENUE Active

Ottawa (vanier),ON K1L6N7

$ 1990000

- Bed

- Bath

12572 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

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