Triplex · For sale

298 Montfort Street, Vanier and Kingsview Park

$789,900

Listing brokerage: RIGHT AT HOME REALTY · MLS® X13879244

Property report for this address · zoning, second units, flood, schools (public records)

Listing brokerage

RIGHT AT HOME REALTY

Type

Triplex

Deal

For sale

Category

Residential · Multi-unit homes

Bedrooms

6

Bathrooms

3

Size

1100-1500 sq ft

Lot

33 x 95 ft

Area

3402 - Vanier

MLS® number

X13879244

Description

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.