LORNE SCOTT

SALES REPRESENTATIVE

155 MARQUETTE AVENUE
Ottawa, Ontario K1L5J7

$1,588,000

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. (id:25961)
Courtesy of CAPITAL COMMERCIAL INVESTMENT CORP.

Listed on: March 12, 2024

On market: 261 days
Heating Type Hot water radiator heat
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Address Price Bed Bath SqFt Area Sub Area Brokerage
1304 AVENUE P AVENUE Ottawa
1304 AVENUE P AVENUE
 $814,900 3 3 79.99 FT ; 1 Ottawa EXP REALTY
470 TRIDENT MEWS Ottawa
470 TRIDENT MEWS
 $710,000 3 3 25.42 x 98.31 FT ; 0 Ottawa INNOVATION REALTY LTD.
1564 SCOTTANNE STREET Ottawa
1564 SCOTTANNE STREET
 $1,099,000 5 3 104.69 x 200.19 FT ; 0 Ottawa ROYAL LEPAGE TEAM REALTY
344 TUCANA WAY Ottawa
344 TUCANA WAY
 $899,900 4 3 40.03 x 108.27 FT ; 0 Ottawa COLDWELL BANKER SARAZEN REALTY
1313 - 255 BAY STREET Ottawa
1313 - 255 BAY STREET
 $3,100 2 2 Ottawa SLEEPWELL REALTY GROUP LTD
51 - 5450 CANOTEK ROAD Ottawa
51 - 5450 CANOTEK ROAD
 $449,900 - - 0 Ottawa SOLID ROCK REALTY
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Lorne Scott

SALES REPRESENTATIVE

Direct: 613-277-6713

lornescott@royallepage.ca

Royal LePage Team Realty

Unit# 200 – 1335 Carling Ave.

Ottawa, Ontario

Canada K1Z 8N8

Office: 613-725-1171

Toll Free: 1-800-307-1545

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