142/144 Montfort Street Ottawa, Ontario K1L 5P6

Central Air Conditioning Baseboard Heaters, Forced Air

$2,100,000

OPEN HOUSE Sat Nov 9,12:00PM-2:00PM.A beautiful purpose-built 4-plex.Its gross income is over $120,000 per year.Less than two years old, so will require very little maintenance & will not require any capital expense for some time. Quality finishes throughout including quartz 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. Upper unit has 3 bedrooms & a garage; the basement unit has 2 bedrooms and in-floor heating 144 is a mirror image of 138. 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:37553)

Property Details

MLS® Number 1399090
Property Type Multi-family
Neigbourhood Vanier
Communication Type Internet Access
Parking Space Total 4

Building

Basement Development Finished
Basement Type Full (finished)
Constructed Date 2023
Construction Material Wood Frame
Construction Style Attachment Attached
Cooling Type Central Air Conditioning
Exterior Finish Brick, Siding
Flooring Type Laminate, Ceramic
Foundation Type Poured Concrete
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Forced Air
Stories Total 2
Type Fourplex
Utility Water Municipal Water

Parking

Attached Garage

Land

Acreage No
Current Use Development Residential
Sewer Municipal Sewage System
Size Depth 54 Ft ,11 In
Size Frontage 80 Ft ,6 In
Size Irregular 80.48 Ft X 54.93 Ft (irregular Lot)
Size Total Text 80.48 Ft X 54.93 Ft (irregular Lot)
Zoning Description R4ua

https://www.realtor.ca/real-estate/27077712/142144-montfort-street-ottawa-vanier