142/144 Montfort Street Ottawa, Ontario K1L 5P6

$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:43934)

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