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$ 1,588,000
Est. payment /mo
Active
155 MARQUETTE AVE Ottawa, ON K1L 5J7
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment 5+ Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1381152
Year Built 1953
Annual Tax Amount $8,885
Tax Year 2023
Property Sub-Type Apartment 5+ Units
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.
Location
Province ON
Building
Story 3
Structure Type Brick
Listed by CAPITAL COMMERCIAL INVESTMENT CORP.