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© 2026 All rights reserved. All registered trademarks herein are the property of their respective owners. PropertyMesh is owned by Faiza Ahmed Realty Corp. (RECO Registration #4791581) and operates under INTERNATIONAL REALTY FIRM, INC., Brokerage (RECO Registration #4799095).

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    216 Mcarthur Avenue

    Vanier And Kingsview Park, ON • K1L 6P5
    Multiplex
    Active
    View on Map
    List Price$2,595,000
    216 Mcarthur Avenue
    Vanier And Kingsview Park, ON • K1L 6P5
    View on Map
    Multiplex
    Active
    List Price$2,595,000
    6Beds
    6Baths
    5000 + SqFtLiving Area
    2Parking
    $12,958 / 2026Property Tax
    FinishedBasement

    Property History

    Market activity for 216 Mcarthur Avenue

    0 Records

    No listing history available

    This is the first time this property is listed

    About this home

    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.

    Listing Snapshot
    Property Type
    Multiplex
    Size
    5000 + SqFt
    Building Age
    N/A
    Lot Size
    40 x 95.88 Feet
    Lot Irregularities
    None
    Parking
    2 Spaces
    Basement
    Finished
    Property Tax
    $12,958 / 2026
    Listed on
    2026-06-03
    Days on Market
    136 Days
    Property Days on Market
    N/A
    Status Change
    120 Days Ago
    Listing #
    X13414900
    Listing Brokerage
    CHRIS HILLIARD REALTY INC.
    Data Source
    PROPTX
    Updated on
    2026-06-18
    Property Specifications

    Property Overview

    Property TypeMultiplex
    Style2-Storey

    Interior Details

    Bedrooms6
    Bathrooms6
    Basement TypeFinished
    Kitchens6

    Utilities & Systems

    CoolingOther
    Heating FuelElectric
    ElectricityYes
    GasYes
    CableYes
    TelephoneYes

    Building & Construction

    ConstructionBrick, Aluminum Siding

    Parking & Access

    Total Parking Space2

    Key Features

    Property FeaturesControlled Entry, Landscaped

    Lot & Location

    SewerSewer
    Frontage40 Feet
    Depth95.88 Feet
    Cross StreetVANIER PARKWAY
    Room Details

    Living Room

    18 x 14 Feet

    Level: Main

    Hardwood Floor, Pot Lights, Combined w/Dining

    Kitchen

    12 x 10 Feet

    Level: Main

    Centre Island, B/I Appliances, Quartz Counter

    Primary Bedroom

    15 x 13 Feet

    Level: Upper

    5 Pc Ensuite, Walk-In Closet(s), Coffered Ceiling(s)

    Bedroom 2

    12 x 11 Feet

    Level: Upper

    3 Pc Bath, Pot Lights, Walk-In Closet(s)

    Bedroom 3

    11 x 10 Feet

    Level: Upper

    Pot Lights, Hardwood Floor

    Land Transfer Tax

    Provincial Tax (Ontario)

    $51,350

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