$2,595,000
27.86 BTC
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216 Mcarthur Avenue, Vanier And Kingsview Park
$2,595,000
PRICE
6
BEDROOMS
6
BATHROOMS
X13414900
MLSID

216 Mcarthur Avenue, Vanier And Kingsview Park

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.
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Summary

Address
216 Mcarthur Avenue
Community
MLSID
X13414900
Property Type
Multiplex
Property Category
Bedrooms
6
Bathrooms
6
Kitchens
6
Taxes (Annual)
$12,958.00
Tax Year
2026
Published
June 8, 2026
Days on Market
18 Days
Possession Type
Immediate
Possession Details
Tba
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Inclusions

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

Details

Security Features
Alarm System, Smoke Detector, Monitored, Concierge/Security, Security System
Basement
Finished
Exterior Features
Controlled Entry, Landscaped
Interior Features
Water Meter, Water Heater Owned, Upgraded Insulation, Storage, Separate Heating Controls, ERV/HRV
Parking Spaces
2
Parking Total
2
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Brick, Aluminum Siding
Lot Width
40 Feet
Lot Depth
96 Feet
Water
Municipal
Heat Source
Electric
Heat Type
Heat Pump
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with CHRIS HILLIARD REALTY INC.
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