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Maria Tompson
Sales Representative
Remax Example Inc., Brokerage
Independently owned and operated.
4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8
Cell: 416-548-7854Office: 416-548-7854Fax: 416-981-7184Toll Free: 1-866-382-2968
$1,588,000
Available - For Sale
Listing ID: X9515038
155 MARQUETTE Ave , Vanier and Kingsview Park, K1L 5J7, Ontario
| 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: | $8885.00 |
| 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: | 67.00 x 82.00 (Feet) |
| Directions/Cross Streets: | From Highway 417 take Vanier Pkwy North, turn right on Beechwood Ave, turn right on Marier Ave, Left |
| Category: | Apartment |
| Insurance Expense: | $6911 |
| Water Expense: | $3705 |
| Gross Income/Sales: | $102504 |
| Net Income Before Debt: | $67378 |
| Heat Type: | Water |
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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. |
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Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Vanier and Kingsview Park |
| Neighbourhood: | 3402 - Vanier |
| Lot Size: | 67.00 x 82.00(Feet) |
| Tax: | $8,885 |
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