155 Marquette Av - Apartments FOR SALE


Ottawa, ON K1L 5J7
$1,588,000 CAD
613-505-0984
155 Marquette Av, Ottawa, ON for Sale
$1,588,000 CAD
Apartments - FOR SALE
1/7
null | Request Cap Rate

155 Marquette Av
Ottawa, ON K1L 5J7


HIGHLIGHTS

  • All new mechanical and laundry room
  • New energy efficient boiler
  • 6 brand new hot water tanks
  • All new energy efficient vinyl windows

OVERVIEW

155 MARQUETTE AVE. is a purpose built 6-unit (4 x 2 bedroom, 2 x 1 bedroom) apartment building in close walking distant to trendy 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 an 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, a buyer will have the opportunity to refinance at stabilized rates. 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. 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.

FOR SALE DETAILS

PRICE

$1,588,000 CAD

PRICE/SF

$241 CAD /SF

# OF UNITS

6

PRICE/UNIT

$264,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1953

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,589 SF

ZONING

R4S

APN/PARCEL ID

061490040118300

ASK ABOUT THIS PROPERTY

Florian NagelschmitzCapital CommercialMore Info
613-505-0984

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Florian NagelschmitzCapital CommercialMore Info
613-505-0984

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.