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$ 1,588,000
Est. payment | /mo
6,600 SqFt
$ 1,588,000
Est. payment | /mo
6,600 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 6,600 sqft
Price per Sqft $240
Subdivision 3402 - Vanier
MLS Listing ID X9515038
Annual Tax Amount $8,885
Tax Year 2023
Property Sub-Type Investment
Property Description
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.
Location
Province ON
County Ottawa
Community 3402 - Vanier
Area Ottawa
Rooms
Family Room No
Interior
Cooling No
Exterior
Utilities Available Unknown
Roof Type Unknown
Lot Frontage 67.0
Lot Depth 82.0
Building
Story 3
Others
Security Features No
Pets Allowed Unknown
Listed by CAPITAL COMMERCIAL INVESTMENT CORP.
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