11 Bedroom
6 Bathroom
5,000 - 100,000 ft2
Central Air Conditioning
Heat Pump
$2,595,000
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:61594)
Property Details
|
MLS® Number
|
X13145184 |
|
Property Type
|
Multi-family |
|
Community Name
|
3404 - Vanier |
|
Parking Space Total
|
2 |
Building
|
Bathroom Total
|
6 |
|
Bedrooms Above Ground
|
11 |
|
Bedrooms Total
|
11 |
|
Age
|
New Building |
|
Amenities
|
Separate Electricity Meters, Separate Heating Controls, Security/concierge |
|
Appliances
|
Water Heater, Intercom, Water Meter, Dishwasher, Dryer, Stove, Washer, Refrigerator |
|
Basement Development
|
Finished |
|
Basement Type
|
N/a (finished) |
|
Construction Status
|
Insulation Upgraded |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick, Aluminum Siding |
|
Fire Protection
|
Alarm System |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Electric |
|
Heating Type
|
Heat Pump |
|
Stories Total
|
2 |
|
Size Interior
|
5,000 - 100,000 Ft2 |
|
Type
|
Other |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Septic System |
|
Size Depth
|
95 Ft ,10 In |
|
Size Frontage
|
40 Ft |
|
Size Irregular
|
40 X 95.9 Ft |
|
Size Total Text
|
40 X 95.9 Ft |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Kitchen |
|
|
Measurements not available |
|
Second Level |
Living Room |
|
|
Measurements not available |
|
Second Level |
Dining Room |
|
|
Measurements not available |
|
Second Level |
Bathroom |
|
|
Measurements not available |
|
Second Level |
Bedroom |
|
|
Measurements not available |
|
Second Level |
Bedroom |
|
|
Measurements not available |
|
Second Level |
Laundry Room |
|
|
Measurements not available |
|
Basement |
Living Room |
|
|
Measurements not available |
|
Basement |
Bedroom |
|
|
Measurements not available |
|
Basement |
Bathroom |
|
|
Measurements not available |
|
Basement |
Kitchen |
|
|
Measurements not available |
|
Main Level |
Kitchen |
|
|
Measurements not available |
|
Main Level |
Bathroom |
|
|
Measurements not available |
|
Main Level |
Living Room |
|
|
Measurements not available |
|
Main Level |
Bedroom |
|
|
Measurements not available |
|
Main Level |
Bedroom |
|
|
Measurements not available |
|
Main Level |
Laundry Room |
|
|
Measurements not available |
https://www.realtor.ca/real-estate/29771918/216-mcarthur-avenue-ottawa-3404-vanier
