155 MARQUETTE AVENUE, Ottawa, Ontario, CA

Address: 155 MARQUETTE AVENUE, Ottawa, Ontario

0 Beds0 Baths6600 sqftStatus: Buy
Price $1,588,000

Property Overview


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:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Multi-Family
Square Footage
6600 sqft
Community Name
3402 - Vanier
Land Size
Unit=67 x 82 FT ; 1
Building
Building Features
Square Footage
6600 sqft
Heating & Cooling
Heating Type
Hot water radiator heat
Utilities
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Total Parking Spaces
5
Land
Other Property Information
Zoning Description
R4S
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Your Home Finance Calculation

Property Price CA $1,588,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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