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$1,990,000
Available - For Sale
Listing ID: X8016124
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
Price $1,990,000
Taxes: $3,837
Tax Type: Annual
Occupancy by: Vacant
Address: 374 Mcarthur Ave , Ottawa, K1L 6N7, Ontario
Postal Code: K1L 6N7
Province/State: Ontario
Legal Description: PT LT B, PL 131, BEING PART 1 ON PLAN 4R
Lot Size: 65.92 x 190.77 (Feet)
Directions/Cross Streets: Mcarthur Ave / St. Laurent Blv
Zoning: TM
Category: Designated
Use: Residential
Total Area: 12,572
Total Area Code:  Sq Ft
Sewers: Sanitary
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
INTERNATIONAL REALTY FIRM, INC.

374 Mcarthur Ave , Ottawa, K1L 6N7, Ontario


 
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At a Glance:
Type: Com - Land
Area: Ottawa
Municipality: Ottawa
Neighbourhood: Vanier
Style:
Lot Size: 65.92 x 190.77(Feet)
Approximate Age:
Tax: $3,837
Maintenance Fee: $0
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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