Multiplex · Vanier and Kingsview Park
216 Mcarthur Avenue, Vanier and Kingsview Park, ON K1L 6P5
Vanier and Kingsview Park
For sale
Locked
Your next advantage
Know more before you offer.
Verified members see the RCIB Estimate, its range, and comparable sales.
Room to make it yours.
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 40-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.
The story behind the price.
Your next advantage
Every chapter. Every price.
Verify your account to explore this home’s listing and sold history.
Picture your everyday.
Travel times vary. Confirm school eligibility and boundaries with the school board.
MLS® X13414900 · Listed by CHRIS HILLIARD REALTY INC.
Information deemed reliable but not guaranteed accurate.
Your daily journey.
Travel times depend on route, traffic and service schedules.
Around this home.
Confirm eligibility and school boundaries directly with the school board.