Home / Listings
Vanier · K1L 6P3
$979,000
MLS® #X13620328
All photos · 32
8
Bedrooms
3
Bathrooms
3500-5000
Square Feet
About this property
Exceptional Investment & Redevelopment Opportunity - TM Zoned TriplexRare opportunity to acquire a well-maintained, income-producing triplex in the heart of Vanier with highly desirable Traditional Mainstreet (TM) zoning, offering outstanding flexibility for investors, developers, and owner-operators alike.This fully leased property features three residential units, all occupied by long-term tenants, providing stable and reliable rental income from day one. Additional revenue is generated through two detached garages that are currently rented, as well as a coin-operated laundry for tenant convenience.The property's Traditional Mainstreet (TM) zoning significantly enhances its long-term value by permitting a broad range of residential, commercial, and mixed-use opportunities. Continue operating the property as a successful triplex, renovate and add value, or explore the potential to redevelop into a higher-density residential or mixed-use building. TM zoning is designed to encourage intensification along established urban corridors and permits a variety of uses, including apartment dwellings, retail, offices, restaurants, professional services, and mixed-use developments.Situated along the McArthur Avenue corridor, this prime location offers quick access to downtown Ottawa, public transit, shopping, restaurants, schools, parks, hospitals, and the Rideau River pathways, making it an attractive location for both tenants and future redevelopment.Whether you're seeking a turnkey investment with dependable cash flow, land for future redevelopment, or a property with commercial and mixed-use potential, 289 McArthur Avenue presents an exceptional opportunity in one of Ottawa's established and evolving urban neighbourhoods.
General information
Building and mechanicals
Basement
Parking and garage
Lot and land
Interior features
Features
Pool
Taxes
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Third | 10' 11" × 11' 1" | |
| Bedroom 2 | Third | 11' 1" × 9' 2" |
| Bedroom 3 | Third | 11' 1" × 8' 11" |
| Dining Room | Third | 11' 1" × 10' 2" |
| Kitchen | Third | 12' 7" × 9' 7" |
| Bathroom | Third | 6' 7" × 5' 5" |
| Bedroom | Second | 10' 11" × 10' 5" |
| Bedroom 2 | Second | 11' 1" × 9' 2" |
| Bedroom 3 | Second | 11' 1" × 9' 8" |
| Dining Room | Second | 11' 1" × 10' 5" |
| Kitchen | Second | 10' 11" × 9' 7" |
| Bathroom | Second | 6' 7" × 5' 4" |
| Bedroom | Basement | 36' 5" × 31' 6" |
| Bedroom 2 | Basement | 11' 1" × 10' 5" |
| Living Room | Basement | 18' 7" × 12' 9" |
| Kitchen | Basement | 10' 11" × 9' 7" |
| Laundry | Basement | 10' 11" × 12' 10" |
| Bathroom | Basement | 7' 6" × 5' 5" |
Mortgage estimate
Estimated monthly payment
$4,134
Down payment: $195,800 · Loan: $783,200
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
Listing record
Listing courtesy of: SOLID ROCK REALTY. Originating board: the A00001796.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Aug 10, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.