Personal Pic

Edin Taravati

Sales Representative
Homelife Landmark Realty Inc, Brokerage Independently owned and operated. 7240 Woodbine, Markham, Ontario L3R 1A4 Cell: 647-233-7778Office: 905-305-1600

$829,900
Available - For Sale
Listing ID: X13464846
298 Montfort Street , Vanier and Kingsview Park, K1L 5N6, Ottawa


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.
Price $829,900
Taxes: $5024.00
Occupancy: Tenant
Address: 298 Montfort Street , Vanier and Kingsview Park, K1L 5N6, Ottawa
Directions/Cross Streets: Montreal Road & Montfort Street
Rooms: 0
Bedrooms: 6
Bedrooms +: 0
Family Room: F
Basement: Full, Finished
Washroom Type No. of Pieces Level
Washroom Type 1 3
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 51-99
Property Type: Triplex
Style: 2-Storey
Exterior: Other
Garage Type: Other
(Parking/)Drive: Front Yard
Drive Parking Spaces: 1
Park #1
Parking Type: Front Yard
Park #2
Parking Type: Front Yard
Park #3
Parking Type: Other
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 1100-1500
Property Features: School, Hospital
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Water: Water Sys
Water Supply Types: Water System
Utilities-Cable: N
Utilities-Hydro: Y
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RIGHT AT HOME REALTY
Personal Picture
Edin Taravati
Sales Representative
Dir:
647-233-7778
Bus:
905-305-1600
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Triplex
Area: Ottawa
Municipality: Vanier and Kingsview Park
Neighbourhood: 3402 - Vanier
Style: 2-Storey
Lot Size: x 95.00(Feet)
Approximate Age: 51-99
Tax: $5,024
Maintenance Fee: $0
Beds: 6
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
$
%
%
Years