$839,900
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298 Montfort Street, Ottawa, ON K1L5N6

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6 Beds
3 Baths
- Sq Ft

Exceptional opportunity to own a well-maintained income-producing triplex in one of Ottawa's most strategic central locations. Currently generating approximately $68, 772 in gross annual rental income with an estimated net operating income of approximately $54, 183. A strong option for investors seeking immediate cash flow with future upside potential. This solid multi-family property features three spacious 2-bedroom units, each offering the convenience of in-suite laundry (washer & dryer) and a dedicated parking space for each unit, a premium feature highly valued by today's tenants. An additional spare fourth parking space offers potential for increased profitability and is not currently included in the rental income. The property includes three separate hydro meters, with Units 2 and 3 paying their own hydro, helping reduce owner operating expenses and improving overall investment efficiency. The building has been carefully maintained and enhanced with recent updates including new rear metal stairs (2025), new rented furnace (2026), updated interior doors, modernized bathroom finishes, and LED lighting upgrades. All units offer bright and functional layouts with 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, schools, shopping, restaurants, community centres, public transit, parks and Highway 417, this property combines stable income, convenience, and long-term appreciation potential. A turnkey triplex opportunity in a high-demand, growing rental area of the city. Documentation available upon accepted offer: current leases, tax bill, insurance details, available utility bills, and available renovation invoices. Photos taken before tenancy. (id:58753)

Listing By: Marta B. Restrepo - RIGHT AT HOME REALTY cncrea2 Realty.com
  • MLS® X13068304
  • Date Listed05/01/2026
  • Days on Realty 37 Days
  • Bedrooms 6
  • Bathrooms 3 baths
  • Lot Size -
  • Sewer Other
  • Property Type Triplex
  • Water Public

Interior Features

  • Appliances Washer, Refrigerator, Stove, Dryer, Microwave, Blinds
  • Cooling None
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Carpet Free

Directions

Cross Streets: Montreal Road & Montfort Street. ** Directions: 417 to St. Laurent Blvd North, right on Montreal Rd, left on Montfort St. Property on right.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K1L5N6

Discover key demographics, population statistics, and environmental insights for the Ottawa, ON area.

Walkability in ON / K1L5N6

Source: Walk Score

90/100

Walker's Paradise

Walk Score ®

54/100

Good Transit

Transit Score ®

78/100

Very Bikeable

Bike Score ®

Overview

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

15 nearby routes: 15 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 66/100, Transit Score: 59/100, Bike Score: 79/100.

Points of Interest near 298 MONTFORT STREET, Ottawa, ON K1L5N6

Frequently Asked Questions for 298 MONTFORT STREET

Source: Realty.com

298 MONTFORT STREET, Ottawa, ON K1L5N6 in Ottawa, ON K1L5N6 is a triplex listed at $839,900. Highlights include 6 bedrooms, 3 bathrooms. Realty.ca has 37 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 37 photos of 298 MONTFORT STREET.

The full address for this home is 298 MONTFORT STREET, Ottawa, ON K1L5N6.

298 MONTFORT STREET has been listed on Realty.com since Fri May 01, 2026

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 66/100, Transit Score: 59/100, Bike Score: 79/100.

Listing provided courtesy of: RIGHT AT HOME REALTY
Listing agent: Marta B. Restrepo

This content last refreshed on 2026-06-07 20:09:26. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.