138 Montfort St., Ottawa K1L 5P6

  • Ref: 1399090
  • Availability: For Sale
  • Bedrooms: 10
  • Parking: Double Garage
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Property Features

  • Newly Renovated 4-Plex
  • Gross Income > $120,000 per year
  • Luxury Finishes
  • 95% Financing Potential

Property Summary

Discover a fantastic investment opportunity with this beautiful, purpose-built 4-plex, boasting a gross income of over $120,000 per year. This modern property, less than two years old, promises minimal maintenance and no immediate capital expenses. Quality craftsmanship shines throughout, featuring luxurious quartz countertops and premium finishes.

Located just a short commute from downtown, this property is set in a thriving neighbourhood with upcoming luxury townhouses planned for the adjacent corner. The vacant 3-bedroom unit presents an ideal opportunity for owner occupancy, allowing you to live in style while managing your investment.

This versatile property offers future severance potential with separate services to each side. The upper unit impresses with 3 spacious bedrooms and a garage, while the basement unit features 2 bedrooms and in-floor heating. Both units mirror the high standards set by the builder.

Additionally, the builder offers a unique option to convert the existing 3-bedroom unit into one 2-bedroom and one 1-bedroom apartment, transforming the building into a 5-unit complex. This conversion would qualify for the new construction MLI CMHC financing, providing up to 95% financing and up to a 50-year amortization.

Don’t miss out on this rare chance to own a high-yielding, low-maintenance property in a prime location. Embrace the luxury, convenience, and endless possibilities this 4-plex offers.