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.
PLAN JG PT LOT 4 PLAN 4M27 PT LOT 116 PT CLOSED ST RP 4R19397 PARTS 7 TO 9
Occupancy
Owner
Possession Date
Immediate
Taxes (2023)
$8,885
Maintenance Fees
$4,980
Directions/Cross Streets
From Highway 417 take Vanier Pkwy North, turn right on Beechwood Ave, turn right on Marier Ave, Left on Peres-Blanc Ave. Property at the corner of Peres-Blanc Ave and Marquette Ave.
Neighbourhood
3402 - Vanier
Area
Ottawa
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
Y
Lot
67 x 82 ft
Lot Irregularities
1
Total Area
6,600 ft2
Air Conditioning
N
Parking Spaces
5
Heat Type
Water Radiators
Gross Income/Sales
$102,504
Net Income Before Debt
$67,378
Hydro Expense
$1,530
Water Expense
$3,705
Heat Expenses
$4,357
Insurance Expense
$6,911
Taxes Expense
$8,885
Expenses Actual/Estimated
Act
Sprinklers
N
Water
Municipal
Zoning
R4S
Seller Property Info Statement
N
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