$2,595,000
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216 McArthur Avenue, Ottawa, ON K1L6P5

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11 Beds
6 Baths
- Sq Ft

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:58753)

Listing By: Chris Hilliard - ALL/PRO REAL ESTATE LTD. cncrea2 Realty.com
  • MLS® X13145184
  • Date Listed05/19/2026
  • Days on Realty 19 Days
  • Bedrooms 11
  • Bathrooms 6 baths
  • Lot Size -
  • Sewer Septic Tank
  • Property Type Other
  • Water Public

Interior Features

  • Appliances Washer, Refrigerator, Water meter, Intercom, Dishwasher, Stove, Dryer, Water Heater
  • Cooling Central air conditioning
  • Heating Heat Pump, Electric

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Cross Streets: VANIER PARKWAY. ** Directions: VANIER PARKWAY TO MCARTHUR AVE.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K1L6P5

Discover key demographics, population statistics, and environmental insights for the Ottawa, ON area.

Walkability in ON / K1L6P5

Source: Walk Score

89/100

Very Walkable

Walk Score ®

54/100

Good Transit

Transit Score ®

88/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

21 nearby routes: 21 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 66/100, Transit Score: 58/100, Bike Score: 79/100.

Points of Interest near 216 MCARTHUR AVENUE, Ottawa, ON K1L6P5

Frequently Asked Questions for 216 MCARTHUR AVENUE

Source: Realty.com

216 MCARTHUR AVENUE, Ottawa, ON K1L6P5 in Ottawa, ON K1L6P5 is a other listed at $2,595,000. Highlights include 11 bedrooms, 6 bathrooms. Realty.ca has 43 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 43 photos of 216 MCARTHUR AVENUE.

The full address for this home is 216 MCARTHUR AVENUE, Ottawa, ON K1L6P5.

216 MCARTHUR AVENUE has been listed on Realty.com since Tue May 19, 2026

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 66/100, Transit Score: 58/100, Bike Score: 79/100.

Listing provided courtesy of: ALL/PRO REAL ESTATE LTD.
Listing agent: Chris Hilliard

This content last refreshed on 2026-06-07 15:46:52. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.