155 MARQUETTE AVENUE, Ottawa

2024-03-12
 

Quick Summary

Location
155 MARQUETTE AVENUE, Ottawa, Ontario K1L5J7
Price
$1,598,000 CAD
Status:
For Sale
Property Type:
Multi-family
Year of Construction:
1953

MLS®#1381152

Property Description

Own a turnkey investment property in sought-after Beechwood Village! This well-maintained 6-unit (4 x 2 bdrm, 2 x 1 bdrm) building offers a fantastic opportunity for investors seeking stable income and future opportunities to add value. 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. Assume the existing CMHC-insured 1st mortgage with a low 2.17% interest rate and significant principal remaining ($917,695 at March 2, 2024), expiring Dec 2025. This locked-in rate offers excellent value relative to current market rates. 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:32467)

Property Features

Building

  • Exterior Finish: Brick
  • Fireplace: No
  • Stories: 3

Land

  • Land Size: 67 ft X 82 ft (Irregular Lot)

Ownership

  • Type: Freehold

Zoning

  • Description: R4S

Information entered by CAPITAL COMMERCIAL INVESTMENT CORP.
Listing information last updated on: 2024-05-02 14:12:54


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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Sheila Forward-Davis REALTOR®

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(613) 883-8098
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Patti serves the OTTAWA VALLEY and OTTAWA WEST. Petawawa to Kanata! She has 20 years in the real e ...

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