155 MARQUETTE Avenue, Vanier and Kingsview Park | Image 1

155 MARQUETTE Avenue

Vanier and Kingsview Park, 3402 - Vanier

  • Commercial

$1,588,000
For Sale

Added 9 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R4S

  • Age: No Data

  • Taxes: 8885

  • MLS®#: X9515038

  • Days on Site: 282 Days

  • Added: Mar 12, 2024 (9 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: CAPITAL COMMERCIAL INVESTMENT CORP.

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.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 67378

  • Area: Vanier and Kingsview Park

  • Community: 3402 - Vanier

  • Availability Date: Immediate

Inside

  • Air Conditioning: N

Building

  • Heat Type: Water Radiators

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Covered Parking Spaces: 5

Fees

  • Tax Year: 2023

  • Tax Legal Description: PLAN JG PT LOT 4 PLAN 4M27 PT LOT 116 PT CLOSED ST RP 4R19397 PA

  • Taxes: $8,885

  • Expenses: Act

  • Insurance Fee: 6911

  • Hydro Expense: 1530

  • Heat Expenses: 4357

  • Taxes: 8885

  • Water Fees: 3705

Land

  • Cross Street: From Highway 417 tak

  • Municipality District: Vanier and Kingsview Park

  • Parcel Number: 042340205

  • Lot Depth: 82 Feet

  • Lot Frontage: 67 Feet

  • Lot Irregularities: 1

  • Zoning: R4S

Commercial Specific

  • Sprinklers: N

  • Total Area: 6600

  • Total Area Metric: Sq Ft

  • Gross Income/Sales: 102504

Map of 155 MARQUETTE Avenue, Vanier and Kingsview Park
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