271 Mcarthur Avenue Ottawa, Ontario K1L 6P3
$998,900
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:59524)
Property Details
| MLS® Number | X9522618 |
| Property Type | Single Family |
| Community Name | 3404 - Vanier |
| AmenitiesNearBy | Public Transit, Park |
| Easement | Unknown |
| Features | Wooded Area, Level |
| ParkingSpaceTotal | 3 |
| Structure | Deck |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 2 |
| BedroomsBelowGround | 1 |
| BedroomsTotal | 3 |
| Amenities | Visitor Parking, Fireplace(s) |
| Appliances | Water Heater, Dishwasher, Dryer, Hood Fan, Microwave, Two Stoves, Washer, Two Refrigerators |
| BasementDevelopment | Partially Finished |
| BasementType | Full (partially Finished) |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FireplacePresent | Yes |
| FireplaceTotal | 1 |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| FenceType | Fenced Yard |
| LandAmenities | Public Transit, Park |
| Sewer | Septic System |
| SizeDepth | 100 Ft |
| SizeFrontage | 43 Ft ,2 In |
| SizeIrregular | 43.2 X 100 Ft ; 0 |
| SizeTotalText | 43.2 X 100 Ft ; 0 |
| ZoningDescription | Tm Article 197 & 198 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bathroom | 2.56 m | 2.18 m | 2.56 m x 2.18 m |
| Second Level | Other | 2.33 m | 0.81 m | 2.33 m x 0.81 m |
| Second Level | Primary Bedroom | 7.31 m | 3.3 m | 7.31 m x 3.3 m |
| Second Level | Bedroom | 3.98 m | 3.6 m | 3.98 m x 3.6 m |
| Basement | Kitchen | 4.74 m | 2.26 m | 4.74 m x 2.26 m |
| Basement | Bedroom | 4.69 m | 4.36 m | 4.69 m x 4.36 m |
| Main Level | Kitchen | 4.01 m | 3.25 m | 4.01 m x 3.25 m |
| Main Level | Dining Room | 4.03 m | 3.32 m | 4.03 m x 3.32 m |
| Main Level | Living Room | 5.28 m | 3.65 m | 5.28 m x 3.65 m |
| Main Level | Other | 2.89 m | 1.77 m | 2.89 m x 1.77 m |
| Main Level | Other | 2.61 m | 0.96 m | 2.61 m x 0.96 m |
| Main Level | Other | 4.19 m | 3.55 m | 4.19 m x 3.55 m |
https://www.realtor.ca/real-estate/27540685/271-mcarthur-avenue-ottawa-3404-vanier

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