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142/144 MONTFORT STREET, Ottawa, Ontario, K1L 5P6

MLS® # 1399090
Investment For Sale In Vanier North, Ottawa, Ontario
$2,275,000
142/144 Montfort Street, Ottawa, ON - Outdoor With Facade
142/144 Montfort Street, Ottawa, ON - Outdoor
Basement - 142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Other Room
Bedroom Basement - 142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Other Room
Basement Bathroom - 142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Bathroom
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Bathroom
2nd bedroom basement - 142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Other Room
Basement - 142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Kitchen
Basement - 142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Kitchen
In-floor radiant heat - 142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Laundry Room
Basement entrance - 142/144 Montfort Street, Ottawa, ON - Other
Basement - 142/144 Montfort Street, Ottawa, ON - Other
142/144 Montfort Street, Ottawa, ON - Outdoor With Exterior
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Other Room
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink With Upgraded Kitchen
142/144 Montfort Street, Ottawa, ON - Indoor
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Other Room
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Other Room
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Other Room
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Bathroom
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Bathroom
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Other Room
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Other Room
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Bathroom
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Laundry Room
142/144 Montfort Street, Ottawa, ON - Outdoor With Exterior
142/144 Montfort Street, Ottawa, ON - Other
142/144 Montfort Street, Ottawa, ON - Other
Virtual Tour
142/144 Montfort Street, Ottawa, ON  - Outdoor With Facade
142/144 Montfort Street, Ottawa, ON  - Outdoor
Basement - 142/144 Montfort Street, Ottawa, ON  - Indoor Photo Showing Other Room
Bedroom Basement - 142/144 Montfort Street, Ottawa, ON  - Indoor Photo Showing Other Room
Basement Bathroom - 142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Bathroom
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Bathroom
2nd bedroom basement - 142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Other Room
Basement - 142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Kitchen
Basement - 142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Kitchen
In-floor radiant heat - 142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Laundry Room
Basement entrance - 142/144 Montfort Street, Ottawa, ON - Other
Basement - 142/144 Montfort Street, Ottawa, ON - Other
142/144 Montfort Street, Ottawa, ON - Outdoor With Exterior
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Other Room
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink With Upgraded Kitchen
142/144 Montfort Street, Ottawa, ON - Indoor
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Other Room
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Other Room
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Other Room
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Bathroom
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Bathroom
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Other Room
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Other Room
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Bathroom
142/144 Montfort Street, Ottawa, ON - Indoor Photo Showing Laundry Room
142/144 Montfort Street, Ottawa, ON - Outdoor With Exterior
142/144 Montfort Street, Ottawa, ON - Other
142/144 Montfort Street, Ottawa, ON - Other
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142/144 MONTFORT STREET, Ottawa, Ontario, K1L 5P6
$2,275,000

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Finished
  • Basement Type: Full
  • Construction Material: Wood frame
  • Construction Style - Attachment: Attached
  • Exterior Finish: Brick, Siding
  • Flooring Type: Laminate, Ceramic
  • Foundation Type: Poured Concrete
  • Heating Type: Baseboard heaters, Forced air
  • Heating Fuel: Electric, Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Multi-family
  • Built in: 2023
  • Communication Type: Internet Access
  • Current Use: Development residential
  • Irregular: Yes
  • Lease Type: Net
  • Lot Depth: 54.9 Feet
  • Lot Frontage: 80.5 Feet
  • Lot Size: 80.48 ft X 54.93 ft (Irregular Lot)
  • Zoning: R4UA
  • Sewer: Municipal sewage system
  • Parking Type: Attached garage
  • No. of Parking Spaces: 4

Courtesy of: SOLID ROCK REALTY

REALTOR.ca  

Location of 142/144 MONTFORT STREET, Ottawa, Ontario, K1L 5P6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

31 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

31 hot days expected in 2050

48/100

High

ClimateCheck®

Current data

This property, 142/144 MONTFORT STREET , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.2℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

64/100

ClimateCheck®

Current data

This property, 142/144 MONTFORT STREET , experiences 11 significant 2-day storms per year, with about 319.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 409.6mm of precipitation per year.

Precipitation Per Storm

Past
319.7mm
2050
409.6mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 142/144 MONTFORT STREET, Ottawa, Ontario, K1L 5P6

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$113,232.29

Average Number of Children

1.53

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.69 %

High school certificate or equivalent

25.04 %

Apprenticeship trade certificate/diploma

5.23 %

College/non-university certificate

14.61 %

University certificate (below bachelor)

2.73 %

University Degree

39.7 %

Commuter

Travel To Work

By Car

61.33 %

By Public Transit

17.52 %

By Walking

13.3 %

By Bicycle

2.46 %

By Other Methods

5.39 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

67.85 %

Houses

32.15 %

Own Vs. Rent