276 MCARTHUR AVENUE, Ottawa

$989,900

For sale: Other

Other at 276 MCARTHUR AVENUE, Ottawa
Property type
Commercial Retail
MLS®
MLS® X12041947
Neighbourhood
3404 - Vanier

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.

Sold data

Other homes in Ottawa — recent sold market

Other homes in Ottawa took a median of 28 days to sell over the last 730 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 58, across 45 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.

The median sale price was $799,000.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$799,000
Sale-to-list ratio
97.5%
Sold above asking
13%

Based on 45 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 276 MCARTHUR AVENUE