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 p...roperty 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!
Full Property Details
Interior
Bedrooms
8
Total Bedrooms
8
Washrooms
3
Square Footage
3500-5000 sqft
Basement
Other
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Window Unit(s)
Family Room
No
Kitchens
3
Total Kitchens
3
Fireplace Features
No
Bedrooms
8
Total Bedrooms
8
Washrooms
3
Square Footage
3500-5000 sqft
Basement
Other
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Window Unit(s)
Family Room
No
Kitchens
3
Total Kitchens
3
Fireplace Features
No
Exterior
Depth
97.0
Front
29.0
Lot Size
29 x 97.0 ft
Pool
None
Parking Spaces
5
Total Parking Spaces
5.00
Parking Description
Detached
Garage Spaces
2
Depth
97.0
Front
29.0
Lot Size
29 x 97.0 ft
Pool
None
Parking Spaces
5
Total Parking Spaces
5.00
Parking Description
Detached
Garage Spaces
2
Building Description
Style
3-Storey
Home Type
Apartment
Subtype
Triplex
Property Orientation
North
Exterior Finish
Brick
Sewers
Sewer
Water Supply
Municipal
Possession Date
8/27/2026
Style
3-Storey
Home Type
Apartment
Subtype
Triplex
Property Orientation
North
Exterior Finish
Brick
Sewers
Sewer
Water Supply
Municipal
Possession Date
8/27/2026
Community
Community
Vanier
Community
Vanier
Taxes & Fees
Taxes
$5,509.67 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$5,509.67 /yr
Tax Year
2025
Occupancy
Tenant
Room Types
Bathroom
-
Dimensions 6.56 x 5.35 feet
35.1 sqft
Bathroom
-
Dimensions 6.56 x 5.41 feet
35.49 sqft
Bedroom
-
Dimensions 10.89 x 10.4 feet
113.26 sqft
Bedroom
-
Dimensions 10.89 x 11.06 feet
120.44 sqft
Bedroom 2
-
Dimensions 11.12 x 9.15 feet
101.75 sqft
Bedroom 3
-
Dimensions 11.12 x 8.92 feet
99.19 sqft
Bedroom 3
-
Dimensions 11.12 x 9.65 feet
107.31 sqft
Dining Room
-
Dimensions 11.12 x 10.17 feet
113.09 sqft
Dining Room
-
Dimensions 11.12 x 10.4 feet
115.65 sqft
Kitchen
-
Dimensions 10.93 x 9.55 feet
104.38 sqft
Kitchen
-
Dimensions 12.57 x 9.55 feet
120.04 sqft
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