12572 sqft
$1,990,000
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:39551)
Business
Business Type
|
Residential |
Business Sub Type
|
Residential |
Property Details
MLS® Number
|
X8016124 |
Property Type
|
Vacant Land |
Community Name
|
Vanier |
Building
Fireplace Present
|
No |
Size Interior
|
12572 Sqft |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
Size Depth
|
190 Ft ,9 In |
Size Frontage
|
65 Ft ,11 In |
Size Irregular
|
65.92 X 190.77 Ft |
Size Total Text
|
65.92 X 190.77 Ft |
Zoning Description
|
Tm |
https://www.realtor.ca/real-estate/26438484/374-mcarthur-avenue-ottawa-vanier-vanier