144 Montfort Street, Vanier and Kingsview Park, ON K1L 5P6
Vanier and Kingsview Park, ON, K1L 5P6 · 3402 - Vanier
About this property
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! Net income of $99,200. before management and mortgage. 6.2% cap rate is excellent for a newer property and so close to downtown.
Features & Amenities
- Basement: Full, Finished
- Garage: Attached
- Cooling: Central Air
- Heat Type: Heat Pump
- Heat Source: Electric
- Style: 2-Storey
- Construction: Brick, Other
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Fourplex |
| Architectural Style | 2-Storey |
| Bedrooms | 10 |
| Bathrooms | 8 |
| Basement | Full, Finished |
| Garage | Attached |
| Parking Spaces | 2 |
| Heat Type | Heat Pump |
| Heat Source | Electric |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $12,136 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- None
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick, Other
- Foundation Details
- Concrete
- Roof
- Asphalt Shingle
- Basement
- Full, Finished
Heating & Cooling
- Heat Type
- Heat Pump
- Heat Source
- Electric
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Attached
- Garage
- Yes
- Parking Spaces
- 2
- Parking Total
- 4.00
- Parking Features
- Private
- Covered Spaces
- 2
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 80.00
- Lot Width
- 55.00
Community & Neighborhood
- Property Features
- Park, School Bus Route, School
Financial & Tax
- Tax Annual Amount
- $12,136
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- TBD
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 4
- Kitchens Above Grade
- 4
- Kitchens Total
- 4
- Bedrooms Above Grade
- 6
- Bedrooms Below Grade
- 4
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Ottawa
- Cross Street
- Hannah Street & Montfort Street
- Directions
- North on Vanier Parkway, to east on Montreal Road, North on Hannah Street and then Left or west on Montfort Street
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
144 Montfort Street, Vanier and Kingsview Park, ON K1L 5P6, Vanier and Kingsview Park, ON, K1L 5P6