Sanaz Saeedi

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289 MCARTHUR AVENUE, Ottawa, Ontario

$949,000

8 Beds
3 Baths

PRIME INVESTMENT & REDEVELOPMENT OPPORTUNITY IN THE HEART OF VANIER! Discover the potential of 289 McArthur Avenue, a well-maintained, income-producing triplex offering exceptional versatility for investors, developers, and entrepreneurs. Fully leased with three long-term residential tenants, this property provides established rental income from day one. Formerly a dental office, the property offers a unique history and exciting possibilities for future use. Zoned Traditional Mainstreet (TM), it presents opportunities for residential, commercial, and mixed-use development, subject to municipal approvals. Maintain the existing triplex, enhance rental income through improvements, or explore redevelopment and intensification potential. Additional income is generated from two rented detached garages and coin-operated laundry facilities. Ideally situated along the McArthur Avenue corridor, just minutes from downtown Ottawa, public transit, shopping, restaurants, schools, parks, and the Rideau River pathways. With its established rental income, desirable urban location, and flexible zoning, this property offers both immediate investment value and exciting long-term potential. INVEST TODAY, DEVELOP TOMORROW - THE POSSIBILITIES ARE ENDLESS! (id:25961)

Listing ID: X13620328
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Kitchen	Second level	3.33 m x 2.91 m
Bathroom	Second level	2 m x 1.63 m
Living room	Second level	5.67 m x 3.89 m
Bedroom	Second level	3.32 m x 3.17 m
Bedroom 2	Second level	3.39 m x 2.79 m
Bedroom 3	Second level	3.39 m x 2.94 m
Dining room	Second level	3.39 m x 3.17 m
Bedroom	Third level	3.32 m x 3.37 m
Bedroom 2	Third level	3.39 m x 2.79 m
Living room	Third level	5.67 m x 3.89 m
Bedroom 3	Third level	3.39 m x 2.72 m
Dining room	Third level	3.39 m x 3.1 m
Kitchen	Third level	3.83 m x 2.91 m
Bathroom	Third level	2 m x 1.65 m
Bedroom	Basement	3.39 m x 3.17 m
Bedroom 2	Basement	3.39 m x 3.17 m
Living room	Basement	5.67 m x 3.89 m
Kitchen	Basement	3.33 m x 2.91 m
Laundry room	Basement	3.33 m x 3.92 m
Bathroom	Basement	2.29 m x 1.65 m

Details

Equipment: Water Heater
Features: Carpet Free
Parking Spaces: 5
Rental Equipment: Water Heater
Transaction: For sale

Building

Appliances: Dryer, Stove, Washer, Refrigerator
BasementType: N/A (Other, See Remarks)
Basement Development: Other, See Remarks
Bedrooms Main Level: 8
Cooling: Window air conditioner
Exterior Finish: Brick
Fireplace Present: False
Foundation: Poured Concrete
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 3500 - 5000 sqft
Stories Total: 3
Type: Triplex
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 29 ft
Size Irregular: 29 x 97 FT

Listing provided by SOLID ROCK REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 289 MCARTHUR AVENUE in Ottawa Ontario. It was last modified on July 30th, 2026. Contact Sanaz Saeedi to schedule a viewing or to discover other Ottawa homes for sale.

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