Call us

(613) 804-9999

Free estimation

Click here

298 MONTFORT STREET

Ottawa, Ontario K1L5N6

$829,900 for sale



MLS®:
X13464846
Contract Days:
2
Community:
Ownership:
Property Type:
R4E Triplex
Total Size:
33 x 95 FT
Built Date:
Parking:
4
Bedrooms:
6+
Bathrooms:
3
Interior Features

Construction Style:
Total Stories:
2
Total Bedrooms:
6
Bedrooms Above Ground:
6
Bedrooms Below Ground:
Total Bathrooms:
3
Whole Bathrooms:
3
Half Bathrooms:
Basement Type:
Full (Finished)
Basement Development:
Finished
Appliances:
Blinds, Dryer, Microwave, Stove, Washer, Refrigerator
Exterior Features

Built Date:
Exterior Finish:
Foundation Type:
Concrete
Utitilies

Heating Type:
Forced air
Heating Fuel:
Natural gas
Cooling Type:
None
Utility Water:
Municipal water
Sewer:
Sanitary sewer
Total Fireplaces:
Type
Level
Size

Note

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:19004)

Disclaimer



This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.