$ 1,588,000
155 MARQUETTE AVENUE Ottawa, ON K1L5J7
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$ 1,588,000
Est. payment | /mo
$ 1,588,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Beechwood / Vanier North
MLS® Listing ID 1381152
Originating Board Ottawa Real Estate Board
Year Built 1953
Property Description
ASSUMABLE MORTGAGE AT 2.17% INTEREST! Own a turnkey investment property in sought-after Beechwood Village! This well-maintained, purpose built 6-unit (4 x 2 bdrm, 2 x 1 bdrm) offers a fantastic opportunity for investors seeking stable income and further opportunities to add value. Assumable CMHC-insured 1st mortgage with ultra low 2.17% interest rate allows buyer room to add additional mortgage in second position, considerably lowering the initial investment required. Upon renewal in Dec 2025, buyer will have the opportunity to refinance at stabilized rates. Renovated mechanical and laundry room ensures reliable operation for years to come and minimizes op costs. New windows throughout enhance comfort and efficiency. The R4S zoning allows for renovations and potential to increase density. Situated in the vibrant Beechwood Village / Vanier North neighbourhood, the property enjoys excellent access to shops, restaurants, schools, and public transportation, ensuring a steady tenant pool. (id:24570)
Location
Province ON
Interior
Heating Hot water radiator heat
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 3
Others
Ownership Freehold
Listed by CAPITAL COMMERCIAL INVESTMENT CORP.