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:13843)
MLS# | X9515038 |
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Listing Type | For Sale |
Style | Town House |
Status | Active |
Days On Site | 308 |
Listing Provided By | CAPITAL COMMERCIAL INVESTMENT CORP. | FLORIAN NAGELSCHMITZ |
SQ Feet | 6,600 |
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Zoning | R4S |
State | ON |
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City | Ottawa |
Zip Code | K1L5J7 |
Listing VS Median (in K1L5J7) | |
Price: $1,588,000 low | high Med: $1,588,000 SqFt: 6,600 low | high Med: 6,600 $ / SqFt: $241 low | high Med: $241 On Site: 308 low | high Med: 308.000000 |