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    For Sale - 144 Montfort Street, Vanier and Kingsview Park, Ontario

    Est payment $8,158/mo
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    Views   1
    Time on Jump  79 day

    AI Summary *

    • Purpose-built 4-plex offering a strong annual income of nearly $120,000.
    • Modern units with premium finishes and in-floor heating for comfort.
    • Spacious upper and lower units cater to various living arrangements.
    • Located close to downtown, ideal for both tenants and owner-occupiers.
    • Potential for future growth with nearby luxury townhouse developments planned.




    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. 5. 84% cap rate is excellent for a newer property and so close to downtown.
    Listing IDX13015212
    Address144 Montfort Street
    CityVanier and Kingsview Park, Ontario
    Price$1,699,000
    Bed / Bath10 / 8 Full
    Style2-Storey, Fourplex
    ConstructionBrick, Other
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features NoneAmenities Park, School Bus Route, SchoolOwnership FreeholdBasement Full, FinishedFoundation ConcreteHeating / Cooling Heat PumpHeating Fuel ElectricSewer Sewer

    Parking 4.00
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    Listing Agency:  SOLID ROCK REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    144 Montfort Street
    Vanier and Kingsview Park , Ontario
    10 8 $1,699,000
    Get more info