Active

142/144 MONTFORT STREET

Ottawa Ontario, K1L5P6

$2,275,000


Active

Residential

Built in 2023

 Courtesy of SOLID ROCK REALTY 

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:41202)

1399090

MLS ID

August 23, 2024

Updated

Map

142/144 MONTFORT STREET
Ottawa Ontario, K1L5P6

Interior Features

Total Stories

2


Floor Description

Laminate, Ceramic


Fireplace

No


Cooling

Yes


Cooling Description

Central air conditioning


Heating

Yes


Heating Description

Baseboard heaters, Forced air, Electric, Natural gas

Exterior/Building Features

Sewer

Municipal sewage system

Other Property Details

Garage

Yes


Parking Total

4


View

No


Pool

No

Courtesy of SOLID ROCK REALTY

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