42 MCARTHUR Ave, Ottawa, Ontario K1L 6R2
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Highlights
Est. Mortgage$2,791/mth
Tax Amount (2023)$5,312/yr
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.
Property Details
Interior
Features
Main Floor
Other
15'0" x 10'0"Exterior
Features
Parking
Garage spaces 1
Garage type -
Other parking spaces 3
Total parking spaces 4
Property History
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