$789,900
 $4,240 est/mo Sourced by Back At You

298 Montfort Street,Ottawa, ON K1L5N6

Ottawa, ON K1L5N6

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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. (id:13843)

Details

MLS #X13879244
Listing TypeFor Sale
StatusActive
Days On Site26
Listing Provided ByRIGHT AT HOME REALTY | Marta B. Restrepo

Features

Bed(s)6
Bath(s) 3 Total
SQ Feet1,100
BasementY
Story(s)2
ZoningR4E

Interior

CoolingNone
HeatingForced air, Natural gas
AppliancesWasher, Refrigerator, Stove, Dryer, Microwave, Blinds
Fireplace Yes / NoNo

Exterior

Security FeaturesSmoke Detectors
Lot FeaturesCarpet Free
Foundation DetailsConcrete

Parking

Parking FeaturesOther, No Garage
Parking Total4

Utilities

UtilitiesSewer, Electricity
SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount5024

Area Information

ProvinceON
CityOttawa
Postal CodeK1L5N6
Listing VS Median (in K1L5N6)
Price:
$789,900
low | high
Med:
$789,900
50% of Average
sqft:
1,100
low | high
Med:
1,100
50% of Average
$ / sqft:
$718
low | high
Med:
$718
50% of Average
On site:
26
low | high
Med:
26
100% of Average
Sourced by Back At You

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Learn More About This Property

Victoria Jodoin

Victoria Jodoin

Sutton Group - Masters Realty Inc., Brokerage

REALTOR® (613) 328-4708vjodoin@sutton.com
ProvinceON
CityOttawa
Postal CodeK1L5N6
Listing VS Median (in K1L5N6)
Price:
$789,900
low | high
Med:
$789,900
50% of Average
sqft:
1,100
low | high
Med:
1,100
50% of Average
$ / sqft:
$718
low | high
Med:
$718
50% of Average
On site:
26
low | high
Med:
26
100% of Average
Sourced by Back At You
Listing Updated: October 10, 2026 at 3:20:51 AM PDT

Victoria Jodoin, REALTOR®

101-705 Arlington Park Pl.
Kingston, ON K7M7E4
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Victoria Jodoin  |  
Sutton Group - Masters Realty Inc Brokerage - Kingston - 101-705 Arlington Park Pl., Kingston, ON K7M7E4

The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 CREA. All Rights Reserved.
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