298 MONTFORT STREET,Ottawa,Ontario,K1L5N6

$789,900

298 MONTFORT STREET,Ottawa,Ontario,K1L5N6

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:63658)

PROPERTY SUMMARY

MLS® #	:	X13879244
Listing price	:	$789,900
Listed on	:	18-10-2026
Property subtype	:	For sale
Square footage	:	1100 sqft
Year built	:	0000
Listing office	:	RIGHT AT HOME REALTY

BEDROOM & BATHROOM

Total bedrooms	:	6 Bedrooms
Total bathrooms	:	3 Bathrooms

BUILDING

Building type	:
Parking	:

Community location

Neighbourhood Highlights

• Schools

  Hospital

  Public Transit