298 Montfort Street, Vanier and Kingsview Park, ON K1L 5N6
Vanier and Kingsview Park, ON, K1L 5N6 · 3402 - Vanier
About this property
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.
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