298 Montfort Street,Vanier and Kingsview Park, ON K1L 5N6
Vanier and Kingsview Park, ON K1L 5N6
Description
PRIME INVESTMENT OPPORTUNITY! Fully tenanted, income-producing triplex generating approximately $69,300 in gross annual rental income, with an estimated NOI of approximately $54,711, 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.
Details
| MLS # | X13664754 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 24 |
| Listing Provided By | RIGHT AT HOME REALTY | X13664754 501700 |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.07 |
Interior
| Interior Features | Carpet Free, Separate Hydro Meter |
|---|---|
| Cooling | None |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Shingles |
|---|---|
| Foundation Details | Concrete |
| Construction Materials | Other |
| Security Features | Smoke Detector |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Front Yard Parking, Other |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 5024 |
|---|---|
| Tax Legal Description | LT 74, PL 246 ; VANIER/GLOUCESTER. |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Ottawa |
| City | Vanier and Kingsview Park |
| Postal Code | K1L 5N6 |
| Area | 3402 Vanier |
| Listing VS Median (in K1L 5N6) | |
Price: $819,900 low | high Med: $0 On site: 24 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Ottawa |
| City | Vanier and Kingsview Park |
| Postal Code | K1L 5N6 |
| Area | 3402 Vanier |
| Listing VS Median (in K1L 5N6) | |
Price: $819,900 low | high Med: $0 On site: 24 low | high Med: | |
