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155 Marquette Avenue Ottawa, Ontario K1L 5J7

Hot Water Radiator Heat

$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. (id:48621)

Property Details

MLS® Number 1381152
Property Type Multi-family
Neigbourhood Beechwood / Vanier North
ParkingSpaceTotal 5

Building

ConstructedDate 1953
ExteriorFinish Brick
HeatingType Hot Water Radiator Heat
StoriesTotal 3

Land

Acreage No
SizeDepth 82 Ft
SizeFrontage 67 Ft
SizeIrregular 67 Ft X 82 Ft (irregular Lot)
SizeTotalText 67 Ft X 82 Ft (irregular Lot)
ZoningDescription R4s

https://www.realtor.ca/real-estate/26614333/155-marquette-avenue-ottawa-beechwood-vanier-north