142/144 MONTFORT STREET, Ottawa

2024-06-24
 

Quick Summary

Location
142/144 MONTFORT STREET, Ottawa, Ontario K1L5P6
Price
$2,275,000 CAD
Status:
For Sale
Property Type:
Multi-family
Year of Construction:
2023
Photo Link:
Video Link:

MLS®#1399090

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:32467)

Property Features

Building

  • Basement Development: Finished
  • Basement Type: Full (Finished)
  • Construction Style: Attached
  • Cooling Type: Central air conditioning
  • Exterior Finish: Brick, Siding
  • Fireplace: No
  • Flooring Type: Laminate, Ceramic
  • Building Type: Fourplex
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: 80.48 ft X 54.93 ft (Irregular Lot)
  • Sewer: Municipal sewage system

Zoning

  • Description: R4UA

Information entered by SOLID ROCK REALTY
Listing information last updated on: 2024-06-30 01:11:41


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