Home with brick exterior material, street for 216 Mcarthur Ave, Ottawa Ontario K1L 6P5
Re-listed 2 days ago

216 Mcarthur Ave, Ottawa, Ontario K1L 6P5

Townhouse
6
6
~5000 + sqft
$2,595,000
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Townhouse
6
6
~5000 + sqft

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Highlights

Property Estimate

Days on market2 days

Total days on market
22 days

Estimated valueNot available

Price/Sqft$260/sqft

Monthly cost

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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.


Property Details

Style2-Storey
View-
Age of property-
SqFt~5000 + SqFt
Lot Size3,835 SqFt(95.88 x 40)
Parking Spaces2
MLS ®NumberX13414900
Community NameVanier South
Data SourceTRREB
Listing byCHRIS HILLIARD REALTY INC.

Features

Heating: Heat Pump
Cooling: Other
Basement: Finished

Features

Lot size: 3,835 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Jun 8, 2026
ListedActive
$2,595,000
2 days on market
history photo preview37
Listing by trreb®
Property listed by CHRIS HILLIARD REALTY INC., Brokerage
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Population and Demographics

Overview

Total population 9162
Average household income $98,603

Age (%)

0 to 19
14%
20 to 34
25%
35 to 49
18%
50 to 64
21%
65 and plus
23%

Household composition (%)

Single person
50%
Single family
39%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
49%
French
32%
Arabic
5%
English and French
4%
Spanish
2%
French and non-official language(s)
2%
Others
1%
Haitian Creole
1%
Portuguese
1%

House tenancy (%)

Renters
70%
Owners
30%

What’s nearby?Essentials within 5 km

Local Logic

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