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$ 829,900
Est. payment /mo
New
298 Montfort ST Vanier And Kingsview Park, ON K1L 5N6
6 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 3402 - Vanier
MLS Listing ID X13464846
Style 2-Storey
Bedrooms 6
Annual Tax Amount $5,024
Tax Year 2026
Property Sub-Type Triplex
Property Description
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.
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room No
Basement Full, Finished
Kitchen 3
Interior
Interior Features Carpet Free, Separate Hydro Meter
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Front Yard Parking, Other
Pool None
Roof Type Shingles
Lot Frontage 33.0
Lot Depth 95.0
Total Parking Spaces 4
Building
Building Age 51-99
Unit Features School,Hospital,Rec./Commun.Centre,Library,Public Transit,Other
Foundation Concrete
Others
Security Features Smoke Detector
ParcelsYN No
Listed by RIGHT AT HOME REALTY