218-220 Mcarthur Avenue Ottawa, Ontario K1L 6P5
$1,600,000
ATTENTION BUILDERS & INVESTORS - SHOVEL READY 9 UNIT DEVELOPMENT Vanier, Ottawa. 220 McArthur Avenue represents a rare opportunity to acquire a fully entitled, shovel ready development site in one of Ottawa's fastest intensifying urban corridors. Ideally positioned steps from Vanier Parkway and McArthur Avenue, the site benefits from excellent transit connectivity, proximity to downtown, and strong longterm rental fundamentals. The property is offered at $1.6M as land with approvals, featuring a demolition permit issued and fully approved architectural plans for a 9 unit residential building. All utilities have been fully disconnected, allowing for an immediate and efficient start to redevelopment. Estimated Project Economics (Upon Completion) Approximate Gross Monthly Rental Income: $20,600, Approximate Gross Annual Rental Income: $247,200, Estimated Stabilized Net Operating Income (NOI): ~$181,764 Capitalization Rate Applied: 5.50% Estimated Stabilized Value: ~$3.3M. A future value appraisal has been completed by an AACI designated appraiser, with valuation conclusions based on the above stabilized income assumptions, subject to construction in accordance with the approved plans. Preliminary construction cost guidance suggests approximately $1.8M, subject to final contractor pricing, scope confirmation, and purchaser due diligence. To obtain the final release of approved plans from the City, a known and fully disclosed municipal payment of approximately $95,000 remains outstanding.The project is eligible for CMHC MLI Select financing, offering the potential for below prime interest rates and amortization periods of up to 50 years, significantly enhancing leverage, cash flow, and long term return potential, subject to CMHC and lender approval. NDA required prior to the release of architectural drawings, appraisal materials, supporting documentation, or the scheduling of site visits (id:44758)
房源概要
| MLS® Number | X12671512 |
| 房源类型 | Multi-family |
| 社区名字 | 3404 - Vanier |
| 总车位 | 5 |
详 情
| 浴室 | 4 |
| 地上卧房 | 2 |
| 总卧房 | 2 |
| 地下室类型 | Crawl Space |
| 空调 | 中央空调 |
| 外墙 | 乙烯基壁板 |
| 地基类型 | 混凝土 |
| 供暖方式 | 电, Natural Gas |
| 供暖类型 | Forced Air, Heat Pump, Not Known |
| 储存空间 | 2 |
| 内部尺寸 | 1500 - 2000 Sqft |
| 类型 | Fourplex |
| 设备间 | 市政供水 |
车 位
| 没有车库 |
土地
| 英亩数 | 无 |
| 污水道 | Sanitary Sewer |
| 土地深度 | 96 Ft |
| 土地宽度 | 44 Ft |
| 不规则大小 | 44 X 96 Ft |
房 间
| 楼 层 | 类 型 | 长 度 | 宽 度 | 面 积 |
|---|---|---|---|---|
| 二楼 | 第二卧房 | 3.5 m | 3 m | 3.5 m x 3 m |
| 二楼 | 客厅 | 3.5 m | 3 m | 3.5 m x 3 m |
| 二楼 | 浴室 | 1.8 m | 1.5 m | 1.8 m x 1.5 m |
| 二楼 | 厨房 | 2.5 m | 2 m | 2.5 m x 2 m |
| 二楼 | 厨房 | 2.5 m | 2.5 m | 2.5 m x 2.5 m |
| 二楼 | 客厅 | 3.5 m | 3 m | 3.5 m x 3 m |
| 二楼 | 浴室 | 1.8 m | 1.5 m | 1.8 m x 1.5 m |
| 一楼 | 卧室 | 3 m | 3 m | 3 m x 3 m |
| 一楼 | 厨房 | 2 m | 2.5 m | 2 m x 2.5 m |
| 一楼 | 客厅 | 3 m | 2 m | 3 m x 2 m |
| 一楼 | 厨房 | 3 m | 2 m | 3 m x 2 m |
| 一楼 | 客厅 | 3.5 m | 3.5 m | 3.5 m x 3.5 m |
| 一楼 | 浴室 | 1.8 m | 1.8 m | 1.8 m x 1.8 m |
| 一楼 | 浴室 | 1.5 m | 1.8 m | 1.5 m x 1.8 m |
设备间
| 有线电视 | 已安装 |
| 配电箱 | 可用 |
| 污水道 | 可用 |
https://www.realtor.ca/real-estate/29224105/218-220-mcarthur-avenue-ottawa-3404-vanier
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Ottawa Real Estate Board
Royal LePage Integrity Realty
January 07 2026 03:53:35
