3404 - Vanier Real Estate for Sale

Purpose built triplex on a deep lot. Zoning (R4-UA) would allow you to expand this building. Great cash flow and tenants pay their own Hydro. Good location close to schools, parks, transit and shopping. Peak metal roof. Gas Furnace (2024).More then $150,000 in renovations includes Kitchens, Bathrooms, Flooring, Fire Alarm, Front door entrance, etc. 4 electrical metres outside. Bsmt 1 Bedrm $1,700, Main Flr 2 Bedrm $2,100, Upstairs 2 Bedrm $2,000. Average Laundry income $100/mth. Annual Expenses $15,102. Annual Income $70,800. Net Income $55,695.

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

Welcome to this beautifully remodeled 2-bedroom, 1-bathroom condo with stunning views of the Rideau River. Recently updated with refinished flooring, brand-new appliances, a sleek new countertop, fresh paint throughout, and a new window AC unit, this home is move-in ready! The windows are set to be replaced soon at no cost to the buyer, ensuring even more value. Enjoy the outdoors on a long balcony that spans the entire length of the apartment, perfect for taking in the serene views. Building amenities include an indoor pool, sauna, gym, conference room, library, and workshop. For added convenience, several shops are attached to the building, making shopping a breeze. Don't miss out on this rare opportunity!

ATTENTION DEVELOPERS AND CONTRACTORS...Prime Development Opportunity - R4UA-Zoned Lot in a High-Demand Area!Exceptional opportunity to acquire a well-located parcel of land, 65ft x 100ft, zoned R4UA, permitting up to 4 storeys and 8 residential units-ideal for small-scale multi-residential development. This site is perfectly situated within walking distance to major transit routes, making commuting easy and appealing for future residents.Enjoy proximity to shopping centers, restaurants, schools, parks, and a full range of urban amenities, all within walking distance. With demand for infill and intensification on the rise, this lot offers great potential for builders, developers, or investors looking to capitalize on the area's growth.Don't miss this rare infill opportunity in a thriving, well-connected neighborhood! SELLING FOR LAND VALUE ONLY!!