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144 Montfort Street Ottawa, Ontario K1L 5P6

10 Bedroom 8 Bathroom 3500 - 5000 sqft
Central Air Conditioning Heat Pump

$1,900,000

Rare Investment Opportunity: Luxurious Purpose-Built 4-Plex. Discover the perfect addition to your real estate portfolio or your new owner-occupied home with this stunning purpose-built 4-plex. Boasting a gross income of nearly $120,000 per year and less than three years old, this property promises minimal maintenance and no significant capital expenses for years to come. Each unit features premium finishes, including quartz countertops, offering a modern, luxurious living experience. The property includes a spacious upper unit featuring 3 bedrooms and a garage, while the lower unit offers 2 bedrooms with the added comfort of in-floor heating. Located just a short commute to downtown, this property offers an attractive lifestyle for tenants and owner-occupiers alike. This property is not only a strong income generator but also a savvy long-term investment. With luxury townhouses slated for development on the adjacent corner, the area is poised for even greater growth and demand. Each side of the building has separate street services, meaning the property could be severed in the future for increased value and flexibility. This purpose-built 4-plex is a rare find, combining modern construction, significant rental income, and endless potential for future value. Don't miss this opportunity to own a standout property in a growing and highly desirable area. Schedule your viewing today and unlock the full potential of this premium investment! (id:59524)

Property Details

MLS® Number X13015212
Property Type Multi-family
Community Name 3402 - Vanier
AmenitiesNearBy Park, Schools
CommunityFeatures School Bus
EquipmentType None
ParkingSpaceTotal 4
RentalEquipmentType None

Building

BathroomTotal 8
BedroomsAboveGround 6
BedroomsBelowGround 4
BedroomsTotal 10
BasementDevelopment Finished
BasementType Full (finished)
CoolingType Central Air Conditioning
ExteriorFinish Brick
FoundationType Concrete
HalfBathTotal 2
HeatingFuel Electric
HeatingType Heat Pump
StoriesTotal 2
SizeInterior 3500 - 5000 Sqft
Type Fourplex
UtilityWater Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
LandAmenities Park, Schools
Sewer Sanitary Sewer
SizeDepth 80 Ft
SizeFrontage 55 Ft
SizeIrregular 55 X 80 Ft
SizeTotalText 55 X 80 Ft
ZoningDescription R4e, Unassigned

https://www.realtor.ca/real-estate/29624046/144-montfort-street-ottawa-3402-vanier

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