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$1,588,000
Available - For Sale
Listing ID: X9515038
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.
Price $1,588,000
Taxes: $8,885
Occupancy by: Owner
Address: 155 MARQUETTE Ave , Vanier and Kingsview Park, K1L 5J7, Ontario
Postal Code: K1L 5J7
Province/State: Ontario
Legal Description: PLAN JG PT LOT 4 PLAN 4M27 PT LOT 116 PT
Lot Size: 67 x 82 (Feet)
Directions/Cross Streets: From Highway 417 take Vanier Pkwy North, turn right on Beechwood Ave, turn right on Marier Ave, Left
Zoning: R4S
Category: Apartment
Use: Apts-6 To 12 Units
Building Percentage: Y
Total Area: 6,600
Total Area Code:  Sq Ft
Taxes Expense: $8885
Insurance Expense: $6911
Maintenance: 4,980
 Heat Expenses: $4357
 Hydro Expense:  $1530
Water Expense: $3705
Gross Income/Sales: $102504
Net Income Before Debt: $67378
Expenses Actual/Estimated: $Act
Sprinklers: N
Heat Type: Water Radiators
Central Air Conditioning: N
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CAPITAL COMMERCIAL INVESTMENT CORP.

155 MARQUETTE Ave , Vanier and Kingsview Park, K1L 5J7, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Ottawa
Municipality: Vanier and Kingsview Park
Neighbourhood: 3402 - Vanier
Style:
Lot Size: 67.00 x 82.00(Feet)
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Tax: $8,885
Maintenance Fee: $4,980
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