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$ 599,000
Est. payment /mo
New
374-378 Montfort ST Vanier And Kingsview Park, ON K1L 5N1
5 Beds
3 Baths
UPDATED:
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
Listed by RE/MAX HALLMARK REALTY GROUP
