Last Sold Price
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Overview
Key Facts
Type Triplex
Levels Residential
Size -
Garage Other
Taxes $5,024
Days Active 1
Lot Size
Approx. Age
MLS® Number X13664754
Property Address: 298 Montfort St, Vanier, ON, K1L5N6
Average square foot calculated using Size range provided by listing agent.
Description
PRIME INVESTMENT OPPORTUNITY! Fully tenanted, 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.Show Description
MLS® NumberX13664754
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageOther
Approx. Age
BasementFull, Finished
DrivewayGarage Type:Other
Garage Spaces
HeatGas, Forced Air
A/CNone
Extras
Price History
Appreciation
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Avg. Days Listed
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Today, For Sale for $819,900
For Sale · 0 days
$819,900
MLS® X13664754
2 hours ago
Not Sold Yet
August 2026, Canceled for $829,900
Canceled · 59 days
$829,900
MLS® X13464846
In 5 days
Canceled on Aug 17, 2026
Aug 11, 2026, For Sale for $819,900
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