REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,100,000
Est. payment /mo
Active
142/144 MONTFORT ST Ottawa, ON K1L 5P6
UPDATED:
Key Details
Property Type Other Types
Sub Type Multifamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1399090
Year Built 2023
Annual Tax Amount $8,900
Tax Year 2023
Property Sub-Type Multifamily
Property Description
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.
Location
Province ON
Rooms
Basement Full
Interior
Heating Electricity, Natural Gas
Flooring Ceramic, Laminate
Exterior
Parking Features 2 Garage Attached
Garage Spaces 2.0
Roof Type Asphalt Shingle
Building
Dwelling Type 4 Plex
Story 2
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Brick,Siding
Listed by SOLID ROCK REALTY