374-378 Montfort ST new

Vanier And Kingsview Park,ON K1L 5N1

$ 599000

5 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 3402 - Vanier

MLS Listing ID X12414271

Style 2-Storey

Bedrooms 5

Annual Tax Amount $4,905

Tax Year 2025

Property Sub-Type Triplex

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.

Location

Province ON

County Ottawa

Community 3402 - Vanier

Area Ottawa

Rooms

Family Room No

Basement Finished

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Separate Hydro Meter,Storage Area Lockers

Cooling Window Unit(s)

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Deck

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 31.22

Lot Depth 80.0

Total Parking Spaces 1

Building

Unit Features Public Transit

Foundation Concrete

Others

ParcelsYN No

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