155 Marquette Avenue Ottawa, Ontario K1L 5J7

$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:43934)

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