$979,000
289 Mcarthur Avenue, Vanier and Kingsview Park, ON K1L 6P3
Vanier and Kingsview Park
- Bedrooms
- 8
- Bathrooms
- 3
- Parking
- 5
- Type
- Triplex
About this listing
Exceptional Investment & Redevelopment Opportunity - TM Zoned TriplexRare opportunity to acquire a well-maintained, income-producing triplex in the heart of Vanier with highly desirable Traditional Mainstreet (TM) zoning, offering outstanding flexibility for investors, developers, and owner-operators alike.This fully leased property features three residential units, all occupied by long-term tenants, providing stable and reliable rental income from day one. Additional revenue is generated through two detached garages that are currently rented, as well as a coin-operated laundry for tenant convenience.The property's Traditional Mainstreet (TM) zoning significantly enhances its long-term value by permitting a broad range of residential, commercial, and mixed-use opportunities. Continue operating the property as a successful triplex, renovate and add value, or explore the potential to redevelop into a higher-density residential or mixed-use building. TM zoning is designed to encourage intensification along established urban corridors and permits a variety of uses, including apartment dwellings, retail, offices, restaurants, professional services, and mixed-use developments.Situated along the McArthur Avenue corridor, this prime location offers quick access to downtown Ottawa, public transit, shopping, restaurants, schools, parks, hospitals, and the Rideau River pathways, making it an attractive location for both tenants and future redevelopment.Whether you're seeking a turnkey investment with dependable cash flow, land for future redevelopment, or a property with commercial and mixed-use potential, 289 McArthur Avenue presents an exceptional opportunity in one of Ottawa's established and evolving urban neighbourhoods.
Property details
- Days on market
- 13 days
- Property taxes
- $5,510/yr (2025)
- Lot size
- 29 × 97 Feet
- Style
- 3-Storey
- Heating
- Forced Air (Gas)
- Cooling
- Window Unit(s)
- Basement
- Other
- Garage
- Detached
- Construction
- Brick
- Facing
- North
Payment calculator
- Mortgage amount
- $783,200
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Location
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Walkability, transit, and bike-friendliness for 289 Mcarthur Avenue, Vanier and Kingsview Park, ON K1L 6P3
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MLS# X13620328
Listed by SOLID ROCK REALTY
On market since Jul 30, 2026
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About 289 Mcarthur Avenue, Vanier and Kingsview Park, ON K1L 6P3
How much is 289 Mcarthur Avenue, Vanier and Kingsview Park, ON K1L 6P3?
289 Mcarthur Avenue, Vanier and Kingsview Park, ON K1L 6P3 is listed for $979,000 CAD.
How many bedrooms and bathrooms does 289 Mcarthur Avenue, Vanier and Kingsview Park, ON K1L 6P3 have?
289 Mcarthur Avenue, Vanier and Kingsview Park, ON K1L 6P3 has 8 bedrooms and 3 bathrooms.
What type of property is 289 Mcarthur Avenue, Vanier and Kingsview Park, ON K1L 6P3?
289 Mcarthur Avenue, Vanier and Kingsview Park, ON K1L 6P3 is a Triplex.
What neighbourhood is 289 Mcarthur Avenue, Vanier and Kingsview Park, ON K1L 6P3 in?
289 Mcarthur Avenue, Vanier and Kingsview Park, ON K1L 6P3 is in Vanier and Kingsview Park, Ontario.
Is 289 Mcarthur Avenue, Vanier and Kingsview Park, ON K1L 6P3 for sale or for rent?
289 Mcarthur Avenue, Vanier and Kingsview Park, ON K1L 6P3 is currently for sale.
How do I book a showing for 289 Mcarthur Avenue, Vanier and Kingsview Park, ON K1L 6P3?
Contact Michael Mezheritsky to arrange a private showing of 289 Mcarthur Avenue, Vanier and Kingsview Park, ON K1L 6P3 (MLS# X13620328). You can also send a message through the contact form on this site.