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155 MARQUETTE AVENUE
Ottawa, Ontario K1L5J7

$1,598,000

ID# 1381152

ABOUT THIS PROPERTY


Own a turnkey investment property in sought-after Beechwood Village! This well-maintained 6-unit (4 x 2 bdrm, 2 x 1 bdrm) building offers a fantastic opportunity for investors seeking stable income and future opportunities to add value. Fully renovated mechanical and laundry room ensures reliable operation for years to come and minimizes operating costs. Upgraded windows throughout enhance comfort and efficiency. The R4S zoning allows for renovations and potential to increase density in the future. Assume the existing CMHC-insured 1st mortgage with a low 2.17% interest rate and significant principal remaining ($917,695 at March 2, 2024), expiring Dec 2025. This locked-in rate offers excellent value relative to current market rates. 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:43993)

PROPERTY DETAILS


Year Built 1953
Heating Type Hot water radiator heat
Stories Total 3

Property Type


Multi-family
Courtesy of CAPITAL COMMERCIAL INVESTMENT CORP.

Listed on: March 12, 2024

On market: 55 days

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