DAVID OIKLE

BROKER

142/144 MONTFORT STREET
Ottawa, Ontario K1L5P6

$2,100,000

ID# 1399090
OPEN HOUSE: Nov. 09, 12:00 PM - 02:00 PM
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)

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

On market: 138 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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Address Price Bed Bath SqFt Area Sub Area Brokerage
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
14A BENLEA DRIVE Ottawa
14A BENLEA DRIVE
 $475,000 3 2 Ottawa Tanglewood INNOVATION REALTY LTD.
320 HILLCREST ROAD Ottawa
320 HILLCREST ROAD
 $3,388,000 4 4 113 ft X 100 ft Ottawa ROCKCLIFFE PARK ROYAL LEPAGE TEAM REALTY
1353 PAARDEBURGH AVENUE Ottawa
1353 PAARDEBURGH AVENUE
 $669,000 4 3 36 ft X 85 ft Ottawa Elmwood ROYAL LEPAGE PERFORMANCE REALTY
610 ALESTHER STREET UNITA Ottawa
610 ALESTHER STREET UNITA
 $2,100 3 2 50 ft X 100 ft Ottawa Overbrook/Castle Heights KELLER WILLIAMS INTEGRITY REALTY
68 GRAMMERCY PLACE Ottawa
68 GRAMMERCY PLACE
 $2,800 3 3 * ft X * ft Ottawa Central Park TRU REALTY
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DAVID OIKLE

BROKER

384 Richmond Road

Ottawa, ON. K2A 0E8

Phone: 613.729.9090

CONTACT DAVE

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