Ottawa, ON K1L5J7,155 MARQUETTE AVENUE
Ottawa, ON K1L5J7,155 MARQUETTE AVENUE
Ottawa, ON K1L5J7,155 MARQUETTE AVENUE
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$1,588,000
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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


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Jeffrey Sefton

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155 MARQUETTE AVENUE