Office: 613.592.6400

Direct: 613.324.5472

142/144 MONTFORT STREET
Ottawa, Ontario K1L5P6

$2,275,000

ID# 1399090

Central air conditioning Baseboard heaters Forced air

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)

LEARN MORE ABOUT THIS PROPERTY

Courtesy of SOLID ROCK REALTY
Listed on: June 21, 2024

On market: 11 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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CONTACT LISA TODAY

Get In Touch

Lisa Fitzpatrick ABR, SRS

Sales Representative

Office: 613.592.6400

Direct: 613.324.5472

info@lisafitzpatrick.ca

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142/144 MONTFORT STREET Ottawa, Ontario K1L5P6

Central air conditioning Baseboard heaters Forced air

YOU MIGHT ALSO LIKE THESE LISTINGS

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699 PAUL TERRACE Rockland $2,500 Beds: 4 Baths:2 Sq Ft:ArrayLisa Fitzpatrick | Sales Representative

763 SAMANTHA EASTOP AVENUE Ottawa $1,099,000 Beds: 4 Baths:3 Sq Ft:ArrayLisa Fitzpatrick | Sales Representative

121 MANDALAY STREET Orleans $824,777 Beds: 3 Baths:4 Sq Ft:ArrayMichel Voisine

955-957 VICTORIA STREET L'Orignal $475,000 Beds: Baths: Sq Ft:Eric Longpre

15 FINDLAY AVENUE UNIT206 Carleton Place $314,800 Beds: 2 Baths:1 Sq Ft:ArrayLynn Vardy

72 OTTERIDGE DRIVE Renfrew $799,900 Beds: 4 Baths:3 Sq Ft:ArrayBrenden Scott

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