CAONVanier216 Mcarthur Ave
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216 Mcarthur Ave, Vanier, ON

House

For Sale

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662

MLS® X13414900

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage None
Taxes $12,958
Days Active 4
Lot Size 
Approx. Age 
MLS® Number X13414900

Property Address: 216 Mcarthur Ave, Vanier, ON, K1L6P5

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® NumberX13414900
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementFinished
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

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  • Commute

Commute

Starting Address
Destination Address
216 Mcarthur Ave, Vanier, ON

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