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$1,588,000

155 Marquette Avenue Ottawa, Ontario K1L 5J7

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155 Marquette Avenue Ottawa, Ontario K1L 5J7

6600 sqft
Hot Water Radiator Heat

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:42482)

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about 155 Marquette Avenue, Ottawa, Ontario K1L 5J7

    Property Details

    Property Details for 155 Marquette Avenue, Ottawa, Ontario K1L 5J7

    MLS® Number X9515038
    Property Type Multi-family
    Neighbourhood Beechwood / Vanier North
    Community Name 3402 - Vanier
    ParkingSpaceTotal 5

    Building

    Building details for 155 MARQUETTE AVENUE, Ottawa, Ontario K1L 5J7
    ExteriorFinish Brick
    HeatingType Hot Water Radiator Heat
    SizeInterior 6600 Sqft
    Type Multi-family
    UtilityWater Municipal Water

    Land

    Acreage No
    SizeDepth 82 Ft
    SizeFrontage 67 Ft
    SizeIrregular Unit=67 X 82 Ft ; 1
    SizeTotalText Unit=67 X 82 Ft ; 1
    ZoningDescription R4s

    CAPITAL COMMERCIAL INVESTMENT CORP.
    1505 Carling Avenue,2nd Floor
    Ottawa, Ontario K1Z 7L9

    (613) 518-2006

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