142/144 Montfort Street Ottawa, Ontario K1L 5P6
$2,100,000
This is a beautiful purpose-built 4-plex. Its gross income is over $120,000 per year. It is less than two years old, so it will require very little maintenance and will not require any capital expense for some time. Quality finishes throughout including quarts counters. Very short commute to downtown. Luxury townhouses are scheduled to be built on the adjacent corner. The 3-bedroom unit is currently vacant and could make for an amazing owner-occupied building. The property could be severed in the future if you wanted, as it has separate services from the street to each side. The upper unit has 3 bedrooms and a garage; the basement unit has 2 bedrooms and in-floor heating 144 is a mirror image of 138. The builder is willing for a fair price to convert the one 3 bedroom into one two-bedroom and one one-bedroom apartment so the building would become a 5 unit and qualify under the new construction MLI CMHC financing, which gives up to 95% financing and up to 50-year amortization. (id:58770)
Property Details
| MLS® Number | 1399090 |
| Property Type | Multi-family |
| Neigbourhood | Vanier |
| CommunicationType | Internet Access |
| ParkingSpaceTotal | 4 |
Building
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructedDate | 2023 |
| ConstructionMaterial | Wood Frame |
| ConstructionStyleAttachment | Attached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick, Siding |
| FlooringType | Laminate, Ceramic |
| FoundationType | Poured Concrete |
| HeatingFuel | Electric, Natural Gas |
| HeatingType | Baseboard Heaters, Forced Air |
| StoriesTotal | 2 |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Parking
| Attached Garage |
Land
| Acreage | No |
| CurrentUse | Development Residential |
| Sewer | Municipal Sewage System |
| SizeDepth | 54 Ft ,11 In |
| SizeFrontage | 80 Ft ,6 In |
| SizeIrregular | 80.48 Ft X 54.93 Ft (irregular Lot) |
| SizeTotalText | 80.48 Ft X 54.93 Ft (irregular Lot) |
| ZoningDescription | R4ua |
https://www.realtor.ca/real-estate/27077712/142144-montfort-street-ottawa-vanier
Interested?
Contact us for more information
Ken Dekker
Broker
5 Corvus Court
Ottawa, Ontario K2E 7Z4
Yetta (Jette) Dekker
Broker
5 Corvus Court
Ottawa, Ontario K2E 7Z4
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 16 2024 02:12:58
Ottawa Real Estate Board
Solid Rock Realty