142/144 Montfort Street, Ottawa, Ontario, K1L5P6

For sale

$2,275,000

$2,275,000

142/144 Montfort Street, Ottawa, Ontario, K1L5P6

For sale

Overview

 

$2,275,000

Property Type:
Multi-family


Bedrooms


Bathrooms

2023
Year Built

Description of 142/144 Montfort Street

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:57323)

Transportation Information

45.438414
-75.6670581
142/144 Montfort Street, Ottawa, Ontario, K1L5P6
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Google Maps

Property Address: 142/144 Montfort Street, Ottawa, Ontario, K1L5P6

Community
Vanier
Neighbourhood

Property SummaryLast Updated: 2024-30-06

Price
$2,275,000
Basement Type
Full (Finished)
Cooling Type
Central air conditioning
Flooring Type
Laminate, Ceramic
Heating Fuel
Electric, Natural gas
Heating Type
Baseboard heaters, Forced air

Additional Details

Size Depth
54 ft ,11 in
Size Irregular
80.48 ft X 54.93 ft (Irregular Lot)

Features

Communication Type
Internet Access
Parking Space Total
4
Basement Development
Finished
Constructed Date
2023
Construction Material
Wood frame
Construction Style Attachment
Attached
Exterior Finish
Brick, Siding
Fireplace Present
False
Foundation Type
Poured Concrete
Stories Total
2
Type
Fourplex
Utility Water
Municipal water
Size Total Text
80.48 ft X 54.93 ft (Irregular Lot)
Size Frontage
80 ft ,6 in
Acreage
false
Current Use
Development residential
Sewer
Municipal sewage system
Zoning Description
R4UA

Parking options: Attached Garage

Leo Trudel Real Estate Agent

Léo Trudel

Sales Representative
SUTTON GROUP - OTTAWA REALTY, BROKERAGE
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