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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. (id:58753)
Cross Streets: Montreal Road & Montfort Street. ** Directions: 417 to St. Laurent Blvd North, right on Montreal Rd, left on Montfort St. Property on right.
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Ottawa, ON area.
90/100
Walker's Paradise
Walk Score ®
54/100
Good Transit
Transit Score ®
78/100
Very Bikeable
Bike Score ®
Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.
15 nearby routes: 15 bus, 0 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 66/100, Transit Score: 59/100, Bike Score: 79/100.
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298 MONTFORT STREET
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Source: Realty.com
298 MONTFORT STREET, Ottawa, ON K1L5N6 in Ottawa, ON K1L5N6 is a triplex listed at $829,900. Highlights include 6 bedrooms, 3 bathrooms. Realty.ca has 35 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 35 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 June 19, 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 2026-07-14 19:27:51. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.