Salehian.com 647-325-5000

289 Mcarthur Avenue

3404 - Vanier, Vanier and Kingsview Park, K1L 6P3

$949,000

Reduced $30,000 from $979,000

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  • 8 bedrooms
  • 3 bathrooms
  • 5 parking
  • 3500-5000 sq ft

Listed 82 days ago · MLS® X13620328

About this home

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.

Details

Type
Triplex
Style
3-Storey
Size
3500-5000 sq ft
Lot
29 × 97 ft
Basement
Other
Garage
Detached
Kitchens
3
Property tax
$5,510 (2025)
Neighbourhood
3404 - Vanier
Municipality
Vanier and Kingsview Park

Interior

Bedrooms
8 above ground
Bathrooms
1 × 3-piece (third), 1 × 3-piece (second), 1 × 3-piece (basement)
Rooms
20 above ground
Family room or den
No
Fireplace
No
Features
Carpet Free

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Window Unit(s)
Water and sewer
Sewer

Building and exterior

Style
3-Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Poured Concrete
Faces
North

Parking

Garage spaces
2
Total parking
5

Lot

Size
29 × 97 ft

More

Possession
Flexible
Cross street
McArthur

Rooms

RoomLevelSizeFeatures
BedroomThird3.32 × 3.37 m (10'11" × 11'1")
Bedroom 2Third3.39 × 2.79 m (11'1" × 9'2")
Bedroom 3Third3.39 × 2.72 m (11'1" × 8'11")
Dining RoomThird3.39 × 3.1 m (11'1" × 10'2")
KitchenThird3.83 × 2.91 m (12'7" × 9'7")
BathroomThird2 × 1.65 m (6'7" × 5'5")
BedroomSecond3.32 × 3.17 m (10'11" × 10'5")
Bedroom 2Second3.39 × 2.79 m (11'1" × 9'2")
Bedroom 3Second3.39 × 2.94 m (11'1" × 9'8")
Dining RoomSecond3.39 × 3.17 m (11'1" × 10'5")
KitchenSecond3.33 × 2.91 m (10'11" × 9'7")
BathroomSecond2 × 1.63 m (6'7" × 5'4")
BedroomBasement3.39 × 3.17 m (11'1" × 10'5")
Bedroom 2Basement3.39 × 3.17 m (11'1" × 10'5")
Living RoomBasement5.67 × 3.89 m (18'7" × 12'9")
KitchenBasement3.33 × 2.91 m (10'11" × 9'7")
LaundryBasement3.33 × 3.92 m (10'11" × 12'10")
BathroomBasement2.29 × 1.65 m (7'6" × 5'5")
Living RoomThird5.67 × 3.89 m (18'7" × 12'9")
Living RoomSecond5.67 × 3.89 m (18'7" × 12'9")

Location

Location is approximate. See nearby homes on the map

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The neighbourhood

Getting around Very walkable

  • 🚇 Tremblay LRT1.7 km
  • 🚇 St-Laurent LRT1.9 km

Within a 10-minute walk: 2 grocery stores, 29 cafés and restaurants, 10 parks, 10 pharmacies. Nearest grocery: FreshCo (250 m). Nearest park: Parc André Laurendeau Park (150 m).

Schools nearby

Elementary

  • Horizon-Jeunesse Catholic Elementary School Catholic
    EQAO: Gr 6 reading 98%, math 71%    4 min walk
  • Assumption School Catholic
    EQAO: Gr 6 reading 96%, math 26%    6 min walk
  • Robert E. Wilson Public School
    EQAO: Gr 6 reading 82%, math 41%    7 min walk
  • Programme de langue internationale à l'élémentaire9 min walk

Secondary

  • Éducation sans frontiers - éte9 min walk
  • Éducation permanente9 min walk
  • Continuing Education9 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K1L

Owners / renters
33% / 67%
Median household income
$63,200
Average age
43
Children under 15
11%
Homes
13% detached, 23% high-rise
Commute by transit
19%
Population
18,213

Languages spoken most at home besides English: Arabic 1.7%, Spanish 1.1%, Portuguese 0.7%, Haitian Creole 0.6%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

To downtown Ottawa: 4 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (whole home or part of it), with a City host permit. Rural cottage rentals have a separate permit.

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by SOLID ROCK REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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