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42 MCARTHUR AVENUE
Ottawa, Ontario K1L6R2

$750,000

ID# 1371078

ABOUT THIS 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:25961)

PROPERTY DETAILS

Bathroom Total 1
Bedrooms Total 1
Half Bathrooms Total 0
Cooling Type Unknown
Flooring Type Other
Heating Type Other
Heating Fuel Other
Stories Total 1
OOO
MMM
111

Property Type

Single Family
Courtesy of RE/MAX HALLMARK REALTY GROUP
Listed on: December 18, 2023

On market: 143 days

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