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    For Sale - 216 Mcarthur Avenue, Vanier and Kingsview Park, Ontario

    Est payment $12,461/mo
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    Views   2
    Time on Jump  11 day

    AI Summary *

    • Fully renovated 6-unit income property ready for investment.
    • Energy-efficient design with significant reductions in consumption and emissions.
    • Individual utilities for each unit, ensuring predictable landlord costs.
    • High-tech security and convenient building access for tenants.
    • Currently generating substantial monthly rental income with stable occupancy.




    Exceptional investment opportunity in the heart of vanier. This fully renovated and newly expanded 6-unit residential 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.
    Listing IDX13145184
    Address216 Mcarthur Avenue
    CityVanier and Kingsview Park, Ontario
    Price$2,595,000
    Bed / Bath11 / 6 Full
    Style2-Storey, Multiplex
    ConstructionBrick, Aluminum Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Water Heater, Upgraded Insulation, Separate Hydro Meter, Separate Heating Controls, Intercom, ERV/HRVOwnership FreeholdBasement FinishedFoundation Poured ConcreteHeating / Cooling Heat PumpHeating Fuel ElectricSewer Septic

    Parking 2.00
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    Listing Agency:  ALL/PRO REAL ESTATE LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    216 Mcarthur Avenue
    Vanier and Kingsview Park , Ontario
    11 6 $2,595,000
    Get more info