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Jenna Skoglund

jenna.skoglund@engelvoelkers.com +1(250) 870-3800

$ 599,000

Est. payment -/mo

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Active

374-378 MONTFORT STREET Ottawa, ON K1L5N1

5 Beds

3 Baths

1,100 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $544

Subdivision 3402 - Vanier

MLS® Listing ID X12414271

Bedrooms 5

Source Ottawa Real Estate Board

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 3.64 m X 2.15 m Solarium

Extra Room 2 Second level 3.2 m X 3.08 m Primary Bedroom

Extra Room 3 Second level 2.12 m X 1.6 m Bathroom

Extra Room 4 Second level 3.03 m X 1.91 m Bedroom 2

Extra Room 5 Second level 3.54 m X 3.14 m Living room

Extra Room 6 Second level 3.64 m X 2.4 m Dining room

Interior

Heating Forced air

Cooling Window air conditioner

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 1

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Listed by RE/MAX HALLMARK REALTY GROUP

Jenna Skoglund

Advisor | License ID: 191899

+1(250) 870-3800

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