142/144 MONTFORT STREET
Ottawa, Ontario K1L5P6

$2,100,000

ID# 1399090
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:25961)
Courtesy of SOLID ROCK REALTY
Listed on: June 21, 2024

On market: 117 days
Year Built 2023
Cooling Type Central air conditioning
Flooring Type Laminate, Ceramic
Heating Type Baseboard heaters, Forced air
Heating Fuel Electric, Natural gas
Stories Total 2
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142/144 MONTFORT STREET Ottawa

$2,100,000
142/144 MONTFORT STREET
OTTAWA
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...
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Address Price Bed Bath SqFt Area Sub Area Brokerage
1564 Scottanne Street Ottawa
1564 SCOTTANNE STREET
 $1,100,000 4 3 Ottawa Greely
9 LARGO CRESCENT Ottawa
9 LARGO CRESCENT
 $699,900 3 2 113.4 ft X 0 ft (Irregular Lot) Ottawa Crestview/Meadowlands EXP REALTY
2180 AUDREY AVENUE Ottawa
2180 AUDREY AVENUE
 $699,999 4 2 58.89 ft X 94.85 ft Ottawa Hawthorne Meadows CENTURY 21 SYNERGY REALTY INC
142/144 MONTFORT STREET Ottawa
142/144 MONTFORT STREET
 $2,100,000 - - 80.48 ft X 54.93 ft (Irregular Lot) Ottawa Vanier SOLID ROCK REALTY
167 BANNING ROAD Ottawa
167 BANNING ROAD
 $749,900 4 2 69.57 ft X 111.3 ft Ottawa Glen Cairn GRINDSTONE REALTY INC.
794 CHORUS DRIVE Ottawa
794 CHORUS DRIVE
 $3,300 4 3 40.96 ft X 101.6 ft Ottawa Riverside South HOME RUN REALTY INC.
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Jennifer Ritskes

SALES REPRESENTATIVE

Direct: 613.851.0788

Jennifer@JenniferRitskes.com

Innovation Realty Ltd.

8221-B Campeau Drive

Kanata, ON K2T 0A2

Phone (613) 755-2278

Fax   (613) 755-2279


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