298 MONTFORT STREET, Ottawa, ON K1L5N6
298 MONTFORT STREET, Ottawa, ON K1L5N6
298 MONTFORT STREET, Ottawa, ON K1L5N6
298 MONTFORT STREET, Ottawa, ON K1L5N6
298 MONTFORT STREET, Ottawa, ON K1L5N6
298 MONTFORT STREET, Ottawa, ON K1L5N6
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$ 789,900
Est. payment | /mo

6 Beds

3 Baths


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$ 789,900
Est. payment | /mo
Save

6 Beds

3 Baths

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Subdivision 3402 - Vanier

MLS® Listing ID X13879244

Bedrooms 6

Property Description

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. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling None

Exterior

Parking Features No

Community Features Community Centre

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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Listed by RIGHT AT HOME REALTY
Nearby Locations

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Mehrsa Maali
Mehrsa Maali

Agent License ID: 188684

+1(778) 928-7044

# 1100 1631 Dickson Ave, Kelowna, Columbia V1Y0B5, Canada

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298 MONTFORT STREET