42 MCARTHUR AVENUE$750,000

#1371713

N/A bed

N/A bath

About the Property

*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. (id:46641)

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Listing Agent

Shamir Daya

Broker

(613) 864-4212

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Realtor.ca

Property Details

City: Ottawa

Neighbourhood: Vanier

Lot Size: 0.1 ac

Property

Property Type

Vacant Land

Ownership Type

Freehold

Land Size

0.1 ac

Land Depth

92 ft ,6 in

Building

Measurements

Additional Info

Listing Contract Date

2023-12-18

Zoning Description

TM

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