276 Mcarthur Avenue, Ottawa, Ontario, K1L6P4




$989,900
Ottawa
This retail property in Ottawa is for sale offering roughly 1,500 sq ft of space.
Awesome property sitting on a great corner location in the heart of McArthur Avenue. This property offers 5 parking spots, a lovely one bedroom apt on the 2nd level at $1650 per month. Main floor office owner occupied but could be converted to 2 bedrm unit is weelchair accessible. The owner space can be rented for commercial use for approximately $2700.00 per month. The basement has 2 bachelor units rented $1250 per moth each. Potential gross Income of approx $80,000.00 per year. Zoning allows for many uses including medical, retail, personal service business, office, take-out or restaurant and more. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 588 days on market, against an average age of 62 days across the listings currently for sale in this city
This retail in Ottawa is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $989,900, about 15.7× the local median household income of $63,200.
Carrying it typically needs a household income of about $193,362 (20% down, 25-yr amortization, stress-tested) — roughly 206% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1L)
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