298 Montfort Street

ActiveVanier and Kingsview Park · 3402 - VanierListed todayMLS® X13879244
$789,900
$718 / sq ft
Bedrooms6
Bathrooms3
Interior1,100 sq ft
TypeMulti-Family
ListingFor Sale
Days on Market0

About this property

Income-producing investment opportunity in a convenient central Ottawa location. This fully tenanted triplex features three spacious 2-bedroom units and generates approximately $69,300 in gross annual rental income, with an estimated NOI of approximately $54,711. Each unit offers in-suite laundry and dedicated parking, plus a fourth parking space with additional income potential. The property is efficiently configured with three separate hydro meters, with tenants in Units 2 and 3 paying their own hydro. Recent improvements include rear metal stairs completed in 2025, a new rented furnace installed in 2026, updated interior doors, refreshed bathroom finishes, and LED lighting upgrades. The units offer functional layouts, hardwood flooring, tiled kitchens and bathrooms, and abundant natural light from all four sides of the building. The desirable 3 x 2-bedroom configuration provides strong rental appeal for a wide range of tenants. Ideally located close to Montfort Hospital, downtown Ottawa, Highway 417, public transit, schools, shopping, restaurants, parks, and community amenities. A solid opportunity for investors looking for immediate rental income and long-term potential in a well-connected Ottawa location. Some interior photos were taken prior to the current tenancy.

Features & finishes

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Air Conditioning
Basement

Property details

MLS® NumberX13879244
StatusActive
Listing TypeFor Sale
Property TypeMulti-Family
Interior Size1,100 sq ft
Beds / Baths6 bed · 3 bath
Property Taxes (2026)$5,024
Neighbourhood3402 - Vanier
CityVanier and Kingsview Park
Postal CodeK1L 5N6
ProvinceON
Listed DateOctober 9, 2026
Days on Market0
Price per Sq Ft$718
BrokerageRIGHT AT HOME REALTY

Location

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Listed by RIGHT AT HOME REALTY