298 MONTFORT STREET
Ottawa, Ontario
MLS® X13879244
$789,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13879244
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- —
1 / 35Listing description
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.
Property summary
- MLS® number
- X13879244
- Property type
- Multi-family
- Building type
- Triplex
- Land size
- 33 x 95 FT
- Annual property taxes
- $5,024.00
- Parking
- 4 spaces · Other, No Garage
- Days on market
- 1 day
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Finished, Full
- Appliances
- Washer, Refrigerator, Stove, Dryer, Microwave, Blinds
- Lot features
- Carpet Free
- Community features
- Community Centre
What would this home cost you?
Based on the $789,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RIGHT AT HOME REALTY, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.