298 Montfort St, Ottawa, Ontario

Multi-Family for Sale in Ottawa

298 Montfort St, Ottawa, ON

  • CA$829,900
  • 6 BEDS
  • 3 BATHS
  • CA$829,900

Multi-Family for Sale in Ottawa

298 Montfort St, Ottawa, ON

  • CA$829,900
  • 6 BEDS
  • 3 BATHS
  • CA$829,900

Key Facts

  • MLS® #: X13464846
  • Property ID: SIRC3435615
  • Property Type: Residential, Triplex
  • Interior Area¹: 1100-1500 sq.ft.
  • Lot Size¹: 33x95 ft.
  • Bedrooms: 6
  • Bathrooms: 3
  • Approximate Age: 51-99 years
  • Parking Spaces: 4
  • Listed By:
  • RIGHT AT HOME REALTY

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.

Listing Agents

RIGHT AT HOME REALTY

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Location

298 Montfort St, Ottawa, Ontario, K1L 5N6 Canada

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