298 Montfort Street, Ottawa, Ontario K1L 5N6

Listed for:
$789,900
6 beds
3 baths
Listed 16 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. 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:27476)

Property Highlights

MLS® Number
X13879244
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:
X13879244
Agent:
Marta B. Restrepo
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