$ 829,900
-
$829,900
Price -
6
Bed -
3
Bath -
1,100
SqFt
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About the Listing 501700 -
INVESTOR ALERT! Income-producing triplex generating approximately $68,772 in gross annual rental income with an estimated NOI of approximately $54,183 in a highly desirable central Ottawa location. This well-maintained property features three spacious 2-bedroom units, each offering the convenience of in-suite laundry and dedicated parking. A fourth parking space provides additional income potential.Designed for efficient ownership, the property includes three separate hydro meters, with Units 2 and 3 paying their own hydro costs. Recent improvements include new rear metal stairs (2025), a new rented furnace (2026), updated interior doors, modernized bathroom finishes, and LED lighting upgrades.The bright and functional units feature hardwood flooring, tiled kitchens and bathrooms, and abundant natural light from all four sides of the building. The desirable 3 x 2-bedroom configuration supports strong rental demand and broad tenant appeal.Ideally located just minutes from Montfort Hospital, downtown Ottawa, Highway 417, public transit, schools, shopping, restaurants, parks, and community amenities. Whether you are looking to expand your investment portfolio or acquire your first multi-unit property, this triplex offers immediate income and long-term growth potential in one of Ottawa's most convenient rental locations.Some interior photos were taken prior to current tenancy.
Listing Highlights
Status
Active
Days on Site
27
Property Type
Multi-Family
MLS ®
X13464846
Year Built
Total Square Footage
1,100
Lot/Acreage
N/A
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full,Finished
- Other: Carpet Free,Separate Hydro Meter,3 Kitchens
- Water: Water System
Exterior Details
- Garage Capacity: N/A
- Roof: Shingles
- Others: School,Hospital,Rec./Commun.Centre,Library,Public Transit
- Sewer: Sewer
- Parking Features: Front Yard Parking,No Garage
Financial Details
- Tax Amount: $5,024
- Taxes w/Assessments: N/A
- Tax/Property ID: 042320038
- Tax Year: 2026
Payment Calculator
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Questions About..
298 Montfort St Vanier and Kingsview Park, ON K1L 5N6
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