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  • * $1,695,000
  • Built1953
  • DOW50
$1,695,000

155 Marquette Avenue, Beechwood / Vanier North in Ottawa, ON

This is a Multi-family Listing.

Work with an experienced agent who knows ~the Beechwood / Vanier North area~ View This Property

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155 Marquette Avenue, Beechwood / Vanier North in Ottawa

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:6289)

$1,695,000
155 Marquette Avenue, Ottawa, Ontario

Essential Information

  • MLS® #1381152
  • Price$1,695,000
  • Bathrooms0.00
  • Acres0.13
  • Year Built1953
  • TypeMulti-family
  • Sub-TypeFreehold
  • Days on Website50

Amenities

  • Parking Spaces5

Exterior

  • ExteriorBrick

Community Information

  • Address155 Marquette Avenue
  • SubdivisionBeechwood / Vanier North
  • CityOttawa
  • Postal CodeK1L5J7

Interior

  • HeatingHot water radiator heat
  • # of Stories3

Listing Details

  • Listing OfficeCAPITAL COMMERCIAL INVESTMENT CORP.
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