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155 MARQUETTE AVENUE

Ottawa, Ontario K1L5J7

$1,588,000 for sale



MLS®:
1381152
Contract Days:
254
Community:
Beechwood / Vanier North
Ownership:
Freehold
Property Type:
R4S
Total Size:
67 ft X 82 ft (Irregular Lot)
Built Date:
1953
Parking:
5
Bedrooms:
+
Bathrooms:
Interior Features

Construction Style:
Total Stories:
3
Total Bedrooms:
Bedrooms Above Ground:
Bedrooms Below Ground:
Total Bathrooms:
Whole Bathrooms:
0
Half Bathrooms:
Basement Type:
Basement Development:
Appliances:
Exterior Features

Built Date:
1953
Exterior Finish:
Brick
Foundation Type:
Utitilies

Heating Type:
Hot water radiator heat
Heating Fuel:
Cooling Type:
Utility Water:
Sewer:
Total Fireplaces:
Type
Level
Size

Note

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:19004)

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