155 MARQUETTE AVENUE

Ottawa, Ontario, K1L5J7, Canada

$1,588,000

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.

Last updated on : Wednesday 25th of September 2024 12:13:22 PM

ADDRESS

Street : 155 MARQUETTE AVENUE

City : Ottawa

Province : Ontario

Country : Canada

Postal Code : K1L5J7

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PROPERTY SUMMARY

Property ID : 1381152

Property Type : Multi-family

Parking : 5

Maintenance Management Company: None -

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