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155 Marquette Ave

Marquette Ave, East End, Ottawa, ON, K1L 5J7

-
Beds
-
Baths
$1,598,000
List Price
Details
Photos
27
Comparables
History
155 Marquette Ave, Ottawa, ON - 1 of 3
155 Marquette Ave, Ottawa, ON - 2 of 3
155 Marquette Ave, Ottawa, ON - 3 of 3
70 days on market

Quick Summary

  • Well-maintained 6-unit building in sought-after Beechwood Village
  • Fully renovated mechanical and laundry room minimizes costs
  • Upgraded windows enhance comfort and efficiency
  • Zoning allows for renovations and potential density increase
  • Low 2.17% CMHC-insured mortgage rate until Dec 2025
  • Excellent access to shops, restaurants, schools, transportation
  • Steady tenant pool in vibrant Vanier North area
  • Fantastic opportunity for investors seeking stable income

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... Show More

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:54626)

Property Details

Parking

5 Parking Spaces
-

Lot

Size
803′11″ * 983′11″
Acres
-

Build

Year Built
1953
Model Name
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Basement
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Exterior
Brick
Foundation
-
Builder Name
-
Stories
3
Flooring
-
Roof
-

Heating & Cooling

Heating
Hot water radiator heat
Cooling
-
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
1381152
Last Updated
May 2, 2024
Brokerage
CAPITAL COMMERCIAL INVESTMENT CORP.
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