Was listed for:Expired Dec 4, 2025
$5,000,000

26 Mcarthur Avenue

Ottawa (Vanier), ON K1L 6R2

Detached House ExpiredNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 26 Mcarthur Avenue, Ottawa, Vanier

2025-09-09
2025-12-04
Expired
Price
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MLS#
x12392560

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 26 Mcarthur Avenue, Ottawa, Vanier

Brand-new 12-unit apartment building located in Ottawa, offering strong income potential with an estimated annual rent roll of $300,600. The property consists of eight one-bedroom and four two-bedroom apartments, each equipped with five appliances and individual storage lockers. The units feature luxury vinyl tile flooring in the living areas, kitchens, and bedrooms, complemented by ceramic tile in the bathrooms. Modern design and quality finishes are consistent throughout the building. Please note that there is no on-site parking.As a newly constructed building, this is a turnkey, low-maintenance investment ideally situated in a high-demand rental market. Based on current projected revenue and normalized expenses, the cap rate is estimated at 4.21%. Asking rents are set at $2,400 for the two-bedroom units, $1,950 for the one-bedroom units, and $1,800 for a basement one-bedroom unit. This represents a rare opportunity to acquire a newly built, income-generating property with strong rental demand and solid long-term upside in Ottawas competitive multi-residential market.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$14,637
Land Transfer Tax Fee
$111,475

Basement Type
Finished, Apartment

Interior Features

Interior Extras
Carpet Free, Separate Hydro Meter, Storage Area Lockers, Air Exchanger, Water Heater, Ventilation System, Separate Heating Controls
Fireplace/Stove
No
Elevator
Yes

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Other

Construction

Exterior Finish
Stone, Other
Roof
Flat, Tar and Gravel
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
47.84 ft
Lot Depth
91.79 ft
Lot Size
4381
Lot Shape
Rectangular

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
0
Total Garage And Parking Spaces
0

Heating & Cooling

Heat Source
Gas
Heat Type
Water
Air Conditioning
Wall Unit(s)
Water
Municipal
Sewers
Sewer

Bedrooms
16
Washrooms
12
Kitchens
12

Washrooms

  • 3-piece

Municipality
Ottawa
Neighbourhood
Vanier
Main cross streets
Lake Ave. W
Directions
South side of Mc Arthur Ave. to the east of North River road.

MLS® number
X12392560
Data source
Toronto Regional Real Estate Board
Status change
2025-12-04
Listed on
2025-09-09
Days on market
86 days
Possession type
30-59 days
Co-op commission
1%
Seller
Listed by
RE/MAX HALLMARK REALTY GROUP

Home Market Value

Current home valuation for 26 Mcarthur Avenue, Ottawa, Vanier, Ottawa, ON. Listed for $5,000,000

HOMEH Estimate

?

$4,880,000

Estimated Sales Range

?

$2,928,000 - $6,832,000

HOMEH Estimate for 26 Mcarthur Avenue, Ottawa, Vanier

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$4,880,000Low confidence
Based on 13 comparable properties
+ $120,000 (2%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Land Transfer Tax

Provincial

$111,475

Total Land Transfer Tax

$111,475

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