374 MCARTHUR AVENUE, Ottawa (Vanier)

2024-01-22
 

Quick Summary

Location
374 MCARTHUR AVENUE, Ottawa (Vanier), Ontario K1L6N7
Price
$1,990,000 CAD
Status:
For Sale
Property Type:
Vacant Land
Area:
12572ft2

MLS®#X8016124

Property Description

Vacant lot with shovel ready development project. Site plan approved for a 6-storey, 64-unit residential building appraised at $22M+ with ground level parking, bike storage, lockers, laundry, a gym, and more. Building permits are 75% done and land is appraised at $2.6M. Ideal for any real estate developers, or builders. **** EXTRAS **** The development scores a 100% energy rating which qualifies for CMHC MLI Select Financing program. Buyer can take advantage of heavily subsidized CMHC loans, including 50-year amortization and lowest interests rates on the market (id:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 12572 sqft
  • Utility Water: Municipal water

Land

  • Land Size: 65.92 x 190.77 FT
  • Sewer: Sanitary sewer

Zoning

  • Description: TM

Information entered by INTERNATIONAL REALTY FIRM, INC.
Listing information last updated on: 2024-09-04 03:52:24


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How much could you save in commission selling with One Percent Realty?

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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

One Percent Realty's top FAQs

Q
What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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Yes, yes, and yes.


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