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298 MONTFORT STREET

Ottawa, Ontario K1L5N6

$789,900 for sale



MLS®:
X13879244
Contract Days:
1
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

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:19004)

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