35
$789,900 Sale
Listed 4 days ago
298 Montfort Street
· 6
· 3
· 4
· 1100-1500
Listing History
Buy/Sell/Terminated/Expired listing history for 298 Montfort Street
Key Facts
Key facts for 298 Montfort Street
Property Type
Apartment, 2-Storey
Parking
Other 0 garage, 4 parking
MLS #
X13879244
Size
1100-1500 sqft
Basement
Full,Finished
Listed on
2026-10-08
Lot size
33 x 95.0
Tax
$5,024 /yr
Days on Market
5
Approximate Age
51-99
Maintenance Fee
-
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 an...d 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.
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Courtesy of: RIGHT AT HOME REALTY