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298 Montfort Street in Ottawa for sale

Asking price
$789,900
Estimate (Oct 09)
$782,355
MLS #:
X13879244
Type:
Triplex, 2-Storey
Approx. SQFT:
1100-1500
Basement:
Full, Finished
6 6
33 x 95 ft lot
PROPERTY HISTORY
SIGN IN REQUIRED
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
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.

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  • Date Listed: Thursday, October 08, 2026
  • Listing Brokerage: Right At Home Realty - Disclaimer: The information contained in this listing has not been verified by Right At Home Realty and should be verified by the buyer.
  • City: Ottawa

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  • Neighbourhood: Vanier
  • Major Intersection: Montreal Road & Montfort Street
  • Full Address: 298 Montfort Street, Ottawa, K1L 5N6, Canada, ON, Canada
  • Amenities:
  • Taxes: $5,024.00 (2026)

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