$625,000
$650,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
42 MCARTHUR AVE Vanier And Kingsview Park, ON K1L 6R2
1 Bed
1 Bath
Key Details
Sold Price $625,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
MLS Listing ID X9446737
Sold Date 09/16/24
Style Bungalow
Bedrooms 1
Annual Tax Amount $5,312
Tax Year 2023
Property Description
*PRIME DEVELOPMENT OPPORTUNITY* Situated on the south side, just before River Road, the property encompasses over 4400 square feet in the sought-after River Rd area. This prime address sits in a rapidly evolving neighbourhood, mere steps from Rivierain Park along the picturesque Rideau River. Enjoy easy access to scenic paths and the Adawe Crossing Bridge, with shops and restaurants within walking distance. The lot's Traditional Mainstreet (TM) zoning opens doors to a plethora of possibilities, accommodating a wide range of commercial and multi-family developments. Its strategic location places it amidst a wave of new planned projects, marking it as a hub for future growth. The real allure lies in the land's potential, especially when combined with the adjacent corner lot at 362 Marguerite Ave, offering an expanded canvas for a significant urban development totaling over 8800 sf. This property is an ideal choice for a transformative project in a dynamic part of the city., Flooring: Other (See Remarks)
Location
Province ON
County Ottawa
Zoning Residential
Rooms
Basement Other, Unfinished
Interior
Cooling Other
Exterior
Garage Spaces 4.0
Parking Type Other
Total Parking Spaces 4
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