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Mirna Botros

613-600-2626

216 Mcarthur Avenue - $2,595,000

216 Mcarthur Avenue - $2,595,000

216 Mcarthur Avenue

$2,595,000

3404 - Vanier
Ottawa, OntarioK1L6P5
11 beds
6 baths
2 parking
MLS#: X13145184Listed: 1 day agoUpdated:1 day ago

Description

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. (id:58075)

Details

Details for 216 Mcarthur Avenue, Ottawa, Ontario
Property Type
Multi Family
Building Type
Other
Storeys
2
Neighborhood
3404 - Vanier
Land Size
40 x 95.9 FT
Year Built
-
Annual Property Taxes
$12,958
Parking Type
No Garage
Inside
Appliances
Washer, Refrigerator, Water meter, Intercom, Dishwasher, Stove, Dryer, Water Heater
Rooms
17
Bedrooms
11
Bathrooms
6
Fireplace
-
Fireplace Total
-
Basement
Finished, N/A
Building
Architecture Style
-
Direction
Cross Streets: VANIER PARKWAY. ** Directions: VANIER PARKWAY TO MCARTHUR AVE.
Type of Dwelling
other
Roof
-
Exterior
Brick, Aluminum siding
Foundation
Poured Concrete
Flooring
-
Land
Sewer
Septic System
Lot Size
40 x 95.9 FT
Zoning
-
Zoning Description
-
Parking
Features
No Garage
Total Parking
2
Utilities
Cooling
Central air conditioning
Heating
Heat Pump, Electric
Water
Municipal water
Feature Highlights
Community
-
Lot Features
-
Security
Alarm system
Pool
-
Waterfront
-

Rooms

Rooms for 216 Mcarthur Avenue, Ottawa, Ontario
LevelNameDimensions
BasementLiving room
Second levelKitchen
Living room
Dining room
Bathroom
Bedroom
Bedroom
Laundry room
BasementBedroom
Bathroom
Kitchen
Main levelKitchen
Bathroom
Living room
Bedroom
Bedroom
Laundry room

Map

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This image has been virtually altered (season)
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