298 Montfort Street, Ottawa, Ontario K1L 5N6

Listed for:
$829,900
6 beds
3 baths
Listed 14 days ago
Triplex for rent: 298 Montfort Street, Ottawa, Ontario K1L 5N6

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About

Cross Streets: Montreal Road & Montfort Street. ** Directions: 417 to St. Laurent Blvd North, right on Montreal Rd, left on Montfort St. Property on right. 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:27476)

Property Highlights

MLS® Number
X13464846
Type
Multi-family
Community Name
3402 - Vanier
Land Size
33 x 95 FT
Parking Space Total
4

Building

Building Type
Triplex
Storeys
2.00
Square Footage
1100 - 1500 sqft
Bathrooms Total
3
Bedrooms Above Ground
6
Bedrooms Total
6
Amenities
Separate Electricity Meters Schools, Hospital, Public Transit
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
RIGHT AT HOME REALTY
MLS® number:
X13464846
Agent:
Marta B. Restrepo
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