298 Montfort Street, Vanier and Kingsview Park, ON K1L 5N6
Vanier and Kingsview Park, ON, K1L 5N6 · 3402 - Vanier
About this property
INVESTOR ALERT! Income-producing triplex generating approximately $68,772 in gross annual rental income with an estimated NOI of approximately $54,183 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.
Features & Amenities
- Basement: Full, Finished
- Garage: Other
- Cooling: None
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Other
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Triplex |
| Architectural Style | 2-Storey |
| Bedrooms | 6 |
| Bathrooms | 3 |
| Basement | Full, Finished |
| Garage | Other |
| Parking Spaces | 1 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $5,024 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Carpet Free, Separate Hydro Meter
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Other
- Foundation Details
- Concrete
- Roof
- Shingles
- Basement
- Full, Finished
- Approximate Age
- 51-99
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- None
Parking & Garage
- Garage Type
- Other
- Parking Spaces
- 1
- Parking Total
- 4.00
- Parking Features
- Front Yard Parking, Other
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 95.00
- Lot Width
- 33.00
Community & Neighborhood
- Property Features
- School, Hospital, Rec./Commun.Centre, Library, Public Transit, Other
Financial & Tax
- Tax Annual Amount
- $5,024
- Tax Year
- 2026
- Possession Type
- Flexible
- Possession Details
- TBD
Utilities & Services
- Sewer
- Sewer
- Water Source
- Water System
Room Details
- Rooms Above Grade
- 0
- Kitchens Above Grade
- 3
- Kitchens Total
- 3
- Bedrooms Above Grade
- 6
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- West
- County Or Parish
- Ottawa
- Cross Street
- Montreal Road & Montfort Street
- Directions
- 417 to St. Laurent Blvd North, right on Montreal Rd, left on Montfort St. Property on right.
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
298 Montfort Street, Vanier and Kingsview Park, ON K1L 5N6, Vanier and Kingsview Park, ON, K1L 5N6