155 Marquette Av
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155 Marquette Av
6 Unit Apartment Building $1,129,124 USD ($188,187 USD/Unit) Ottawa, ON K1L 5J7
Investment Highlights
- All new mechanical and laundry room
- 6 brand new hot water tanks
- New energy efficient boiler
- All new energy efficient vinyl windows
Executive Summary
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.
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.
Property Facts
| Price | $1,129,124 USD | Apartment Style | Low Rise |
| Price Per Unit | $188,187 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| No. Units | 6 | Building Size | 4,212 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1953 |
| Price | $1,129,124 USD |
| Price Per Unit | $188,187 USD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,212 SF |
| No. Stories | 3 |
| Year Built | 1953 |
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Walk Score ®
Very Walkable (88)
Bike Score ®
Very Bikeable (86)
zoning
| Zoning Code | R4S (RESIDENTIAL FOURTH DENSITY ZONE, SUBZONE) |
| R4S (RESIDENTIAL FOURTH DENSITY ZONE, SUBZONE) |
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