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$789,900

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298 Montfort Street

Vanier, Ottawa, Ontario K1L5N6

For sale· Added

6 bed3 bath1,100–1,500 sqft

About this home

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.

Location

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Property details

Listing

MLS® number
X13879244
Added
Oct 8, 2026 ()
Updated
Oct 10, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Triplex
Storeys
2

Inside

Bedrooms
6
Bathrooms
3
Heating
Forced air, Natural gas
Cooling
None
Fireplace
No
Appliances
Washer, Refrigerator, Stove, Dryer, Microwave, Blinds
Features
Carpet Free

Building

Basement
Finished, Full
Foundation
Concrete
Parking
Other, No Garage · 4 spaces
Amenities
Separate Electricity Meters
Security
Smoke Detectors

Land

Lot size
33 x 95 ft
Zoning
R4E

Services

Water
Municipal water
Sewer
Sanitary sewer
Utilities
Sewer, Electricity

Location

Cross streets
Montreal Road & Montfort Street
Directions
417 to St. Laurent Blvd North, right on Montreal Rd, left on Montfort St. Property on right.
Nearby
Community Centre

Running costs

Annual property tax
$5,024

Ask about this home

$789,900
298 Montfort Street
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