For Sale: 298 Montfort Street, Ottawa, ON - REW
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$829,900
6 bd • 3 ba • 1100 - 1499 sf • Multifamily
298 Montfort Street
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$829,900
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298 Montfort StreetOttawa, ON, K1L 5N6

Vanier North
  • 6 Bed
  • 3 Bath
  • 1100 - 1499 Sqft
  • Multifamily

About this home

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. (id:63626)
Listed by: Marta B. Restrepo, Salesperson, RIGHT AT HOME REALTY

Home facts and features

Price details
List Price
$829,900
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Gross Taxes for 2026
$5,024
Home facts
Bedrooms
6
Full Bathrooms
3
Parking Spaces
4
Parking Details
No Garage
Property Type
Multifamily
Depth
95 feet
Frontage
33.0 feet
Heating Type
Forced air, Natural gas
Basement Details
Finished, Full
Features
Carpet Free, Separate Electricity Meters, Smoke Detectors
Appliances
Blinds, Dryer, Microwave, Refrigerator, Stove, Washer
Community
Agent details
Primary Agent
Primary Broker
RIGHT AT HOME REALTY
Listing details
Days on REW
39 Days
MLS® Number
X13464846
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Property Insights

Assumption Catholic Elementary School
  • Catholic
  • JK - 6
Répit-Transit
  • Public
  • JK - 12
É Élém C Horizon-Jeunesse
  • Catholic
  • JK - 6
ÉEP Trille des Bois
  • Public
  • JK - 8
Robert E. Wilson Public School
  • Public
  • JK - 6
ÉEP Le Trillium
  • Public
  • JK - 6
Queen Elizabeth Public School
  • Public
  • JK - 8
Queen Elizabeth Public School
  • Public
  • JK - 8
Rideau High School
  • Public
  • 9 - 12
Manor Park Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Marta B. Restrepo
Phone:
(613) 600-2490
Office:
613-369-5199
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