Vanier And Kingsview Park, ON K1L 5J7,155 MARQUETTE AVE
$1,588,000
Est. payment /mo
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155 MARQUETTE AVE Vanier And Kingsview Park, ON K1L 5J7

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UPDATED:

10/30/2024 08:06 AM

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

MLS Listing ID X9515038

Annual Tax Amount $8,885

Tax Year 2023

Property Description

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.

Location

Province ON

County Ottawa

Area 3402 - Vanier

Rooms

Family Room No

Interior

Cooling Unknown

Exterior

Garage Spaces 5.0

Pool None

Utilities Available Unknown

Roof Type Unknown

Parking Type Unknown

Building

Story 3

Others

Security Features Other

Pets Description Unknown


Listed by CAPITAL COMMERCIAL INVESTMENT CORP.

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Keyvan Foroughi

Agent

+1(416) 702-9055

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155 MARQUETTE AVE