$ 2,100,000
142/144 MONTFORT STREET Ottawa, ON K1L5P6
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$ 2,100,000
Est. payment | /mo
$ 2,100,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Vanier
MLS® Listing ID 1399090
Originating Board Ottawa Real Estate Board
Year Built 2023
Property Description
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:24570)
Location
Province ON
Interior
Heating Baseboard heaters, Forced air
Cooling Central air conditioning
Flooring Laminate, Ceramic
Exterior
Garage Yes
Waterfront No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Listed by SOLID ROCK REALTY
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