$ 789,900
-
$789,900
Price -
6
Bed -
3
Bath -
1,100
SqFt -
0.07
Acre
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About the Listing 501700 -
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.
Listing Highlights for 298 Montfort St
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Gas
- Fireplaces:
- Floor:
- 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
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
298 Montfort St Vanier and Kingsview Park, ON K1L 5N6
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