298 Montfort Street,Vanier and Kingsview Park, ON K1L 5N6
Vanier and Kingsview Park, ON K1L 5N6
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.
Details
| MLS # | X13879244 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 15 |
| Listing Provided By | RIGHT AT HOME REALTY | X13879244 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: $789,900 low | high Med: $0 On site: 15 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: $789,900 low | high Med: $0 On site: 15 low | high Med: | |
