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142/144 MONTFORT STREET
Ottawa, Ontario K1L5P6

$2,100,000

ID# X9515881

ABOUT THIS PROPERTY

Flooring: Ceramic, Flooring: Laminate, 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. (id:25961)

PROPERTY DETAILS

Bathroom Total 8
Bedrooms Total 10
Half Bathrooms Total 1
Cooling Type Central air conditioning
Heating Type Heat Pump
Heating Fuel Electric

Property Type

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

On market: 159 days

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