$1,588,000
 $8,525 forsale estimated payment Sourced by Back At You

155 Marquette Avenue , Ottawa, ON K1L5J7

Ottawa, ON K1L5J7

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Description

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)

Details

Mls1381152
Listing TypeFor Sale
StatusActive
Year1953
Days On Site272
Listing Provided ByCAPITAL COMMERCIAL INVESTMENT CORP. | Florian Nagelschmitz

Features

Storys3
Units6
ZoningR4S
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Learn More About This Property

StateON
CityOttawa
Zip CodeK1L5J7
Listing VS Median (in K1L5J7)
Price:
$1,588,000
low | high
Med:
$0
On Site:
272
low | high
Med:
Sourced by Back At You
Listing Updated: September 25, 2024 at 8:29:17 AM PDT