$599,000

374-378 Montfort Street, Ottawa, Ontario

5

Beds

3

Baths

1,100

Square feet

X12414271

MLS® Number

27

Days on Website

For Sale

Listing Type

$599,000 | Vanier Ottawa Triplex for Sale at 374-378 Montfort Street Ottawa

Great starter investment property with upside. Legal Triplex in generally good condition. Fairly long term tenants in upper two units. Lower level has just been completely renovated and awaits a new tenant. Main floor tenants have use of half the yard. There are convenient storage lockers for each unit for bikes etc. in the rear. Both upper units have a bonus "solarium " room that serves as great flex space. See attached Floor plans to see layouts. Full income and expense statement will be attached to the listing. NOI ( before debt service) is $28804.00. Rents are extremely reasonable: Main floor ( 374) $1158, Second floor ( 376) $1742 and Lower Level ( 378) estimate at $1200 ( same rental rate as prior to the renovation). Landlord currently paying for Hydro but it is separately metered and could be split out on tenancy renewal. (id:6289)

Financial and Mortgage

List Price $599,000
Original Price $599,000
Monthly Payment $2,498/month
Get Prequalified
Days on Website 27
Price per square foot $545

374-378 Montfort Street Details

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Construction and Lot

Square Footage 1,100
Bedrooms 5
Bathrooms 3.00
Parking Spaces 1
Parking No Garage
Has Basement Yes
Foundation Concrete
Cooling Window air conditioner
Heating Natural gas Forced air
Exterior Concrete Block, Stucco
# of Stories 2

Exterior of 374-378 Montfort Street

Type Multi-family
Amenities Public Transit, Separate Electricity Meters

Interior

Appliances Water meter, Stove, Refrigerator
Fireplace No

Measurements

Square Footage 1,100

Vanier Information

About Vanier in Ottawa

Address 374-378 Montfort Street
Subdivision Vanier
City Ottawa
Province Ontario
Postal Code K1L5N1
Amenities Public Transit, Separate Electricity Meters
Office/Brokerage RE/MAX HALLMARK REALTY GROUP

Vanier Map, Demographics, Characteristics

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