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155 MARQUETTE AVENUE

Ottawa, Ontario K1L5J7

$1,695,000 for sale



MLS®:
1381152
Contract Days:
47
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

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:19004)

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