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For Sale - 298 Montfort Street, Vanier and Kingsview Park, Ontario

298 Montfort Street

Vanier and Kingsview Park , Ontario

6 3 $789,900

Est payment $3,793/mo

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Time on Jump 1 days

AI Summary *

Fully tenanted triplex with three spacious 2-bedroom units for stable income.
Generates approximately $69,300 in gross annual rental income.
Units feature in-suite laundry and dedicated parking for convenience.
Recent upgrades include new furnace, metal stairs, and LED lighting.
Great central location near hospitals, downtown, transit, and amenities.

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Down Payment:
$ 39,495 ( 5% )

First Time Buyer:
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New Build:
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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.

Listing IDX13879244

Address298 Montfort Street

CityVanier and Kingsview Park, Ontario

Price$789,900

Bed / Bath6 / 3 Full

Style2-Storey, Triplex

ConstructionOther

TypeMulti-Family

StatusFor Sale

Extras

Subtype TriplexIndoor Features Carpet Free, Separate Hydro MeterAmenities School, Hospital, Rec./Commun.Centre, Library, Public Transit, OtherOwnership FreeholdAppliances Multiple EntrancesBasement Full, FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

Market Info

Parking 4.00

Listing Brokerage: RIGHT AT HOME REALTY

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Listing Brokerage: RIGHT AT HOME REALTY

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For Sale - 298 Montfort Street, Vanier and Kingsview Park, Ontario

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