PRIME INVESTMENT & REDEVELOPMENT OPPORTUNITY IN THE HEART OF VANIER! Discover the potential of 289 McArthur Avenue, a well-maintained, income-producing triplex offering exceptional versatility for investors, developers, and entrepreneurs. Fully leased with three long-term residential tenants, this property provides established rental income from day one. Formerly a dental office, the property offers a unique history and exciting possibilities for future use. Zoned Traditional Mainstreet (TM), it presents opportunities for residential, commercial, and mixed-use development, subject to municipal approvals. Maintain the existing triplex, enhance rental income through improvements, or explore redevelopment and intensification potential. Additional income is generated from two rented detached garages and coin-operated laundry facilities. Ideally situated along the McArthur Avenue corridor, just minutes from downtown Ottawa, public transit, shopping, restaurants, schools, parks, and the Rideau River pathways. With its established rental income, desirable urban location, and flexible zoning, this property offers both immediate investment value and exciting long-term potential. INVEST TODAY, DEVELOP TOMORROW - THE POSSIBILITIES ARE ENDLESS! (id:25961)
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Rooms
| Level | Type | Dimensions |
|---|---|---|
| Kitchen | Second level | 3.33 m x 2.91 m |
| Bathroom | Second level | 2 m x 1.63 m |
| Living room | Second level | 5.67 m x 3.89 m |
| Bedroom | Second level | 3.32 m x 3.17 m |
| Bedroom 2 | Second level | 3.39 m x 2.79 m |
| Bedroom 3 | Second level | 3.39 m x 2.94 m |
| Dining room | Second level | 3.39 m x 3.17 m |
| Bedroom | Third level | 3.32 m x 3.37 m |
| Bedroom 2 | Third level | 3.39 m x 2.79 m |
| Living room | Third level | 5.67 m x 3.89 m |
| Bedroom 3 | Third level | 3.39 m x 2.72 m |
| Dining room | Third level | 3.39 m x 3.1 m |
| Kitchen | Third level | 3.83 m x 2.91 m |
| Bathroom | Third level | 2 m x 1.65 m |
| Bedroom | Basement | 3.39 m x 3.17 m |
| Bedroom 2 | Basement | 3.39 m x 3.17 m |
| Living room | Basement | 5.67 m x 3.89 m |
| Kitchen | Basement | 3.33 m x 2.91 m |
| Laundry room | Basement | 3.33 m x 3.92 m |
| Bathroom | Basement | 2.29 m x 1.65 m |
Details
- Equipment: Water Heater
- Features: Carpet Free
- Parking Spaces: 5
- Rental Equipment: Water Heater
- Transaction: For sale
Building
- Appliances: Dryer, Stove, Washer, Refrigerator
- BasementType: N/A (Other, See Remarks)
- Basement Development: Other, See Remarks
- Bedrooms Main Level: 8
- Cooling: Window air conditioner
- Exterior Finish: Brick
- Fireplace Present: False
- Foundation: Poured Concrete
- Bathrooms (Total): 3
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 3500 - 5000 sqft
- Stories Total: 3
- Type: Triplex
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Frontage: 29 ft
- Size Irregular: 29 x 97 FT
Listing provided by SOLID ROCK REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 289 MCARTHUR AVENUE in Ottawa Ontario. It was last modified on July 30th, 2026. Contact Kim Vo to schedule a viewing or to discover other Ottawa homes for sale.