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216 Mcarthur AVE Vanier And Kingsview Park, ON K1L 6P5

6 Beds

6 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision 3404 - Vanier

MLS Listing ID X13414900

Style 2-Storey

Bedrooms 6

Annual Tax Amount $12,958

Tax Year 2026

Property Sub-Type Multiplex

Property Description

Exceptional investment opportunity in the heart of Vanier. This fully renovated and newly expanded 6-unitresidential income property was purpose-engineered to qualify for the CMHC MLI Select Program - one of the most powerful financing tools available to Canadian real estate investors today. MLI Select requires superior building quality, advanced energy systems, and measurable performance well beyond standard code. 216 McArthur delivers: energy consumption reduced by 42.7% and GHG emissions down 67.6%versus baseline, securing 50-year amortization and up to 95% LTV financing - a structural cash flow advantage built directly into the asset. Originally a 1970s triplex, the property was transformed into a modern 6-suite building through a full retrofit of the existing structure and a high-quality rear addition. Every suite features its own individual air-source heat pump, energy recovery ventilator (ERV), and electric hot water system - tenants pay their own utilities, keeping landlord operating costs lean and predictable. The building is equipped with a high-tech intercom and remote entry system, individual key fob access per unit, a building-wide security system, and exterior surveillance cameras - low-maintenance, high-tech, and purpose-built for hands-off management. Currently generating $12,800/month ($153,600/year) in gross rental income across six fully tenanted units. Don't miss this rare turnkey asset with institutional-grade financing already locked in. Contact listing agent for full financials and showing details.

Location

Province ON

County Ottawa

Area Ottawa

Rooms

Family Room No

Basement Finished

Kitchen 6

Interior

Interior Features Water Meter, Water Heater Owned, Upgraded Insulation, Storage, Separate Heating Controls, ERV/HRV

Cooling Other

Inclusions 6 FRIDGES, 6 STOVES, 6 DISHWASHER, 6 DRYERS, 6 WASHERS,

Exterior

Exterior Feature Controlled Entry, Landscaped

Pool None

Roof Type Asphalt Shingle

Lot Frontage 40.0

Lot Depth 95.88

Total Parking Spaces 2

Building

Foundation Poured Concrete

Others

Senior Community No

Security Features Alarm System,Smoke Detector,Monitored,Concierge/Security,Security System

ParcelsYN No

Listed by CHRIS HILLIARD REALTY INC.

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Call It Closed International Brokerage

+1(289) 937-0365 | admin-ca@callitclosed.com

Call It Closed International Brokerage

216 Mcarthur AVE Vanier And Kingsview Park, ON K1L 6P5

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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216 Mcarthur AVE

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