155 MARQUETTE AVENUE

Multi-family For Sale in Ottawa, Ontario

$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:4069)
Address 155 MARQUETTE AVENUE
List Price $1,588,000
Property Type Multi-family
Area Ontario
Sub-Area Ottawa
Lot Size 67 ft X 82 ft (Irregular Lot) Sq. Ft.
Year Built 1953
MLS® Number 1381152
Listing Brokerage CAPITAL COMMERCIAL INVESTMENT CORP.
Postal Code K1L5J7
Zoning R4S

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YOW Home Team

Innovation Realty

102-659 Sue Holloway Drive Nepean On K2J 5G3

Office: 613-755-2278

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