Salehian.com 647-325-5000

298 Montfort Street

3402 - Vanier, Vanier and Kingsview Park, K1L 5N6

$789,900

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  • 6 bedrooms
  • 3 bathrooms
  • 4 parking
  • 1100-1500 sq ft

Listed 12 days ago · MLS® X13879244

About this home

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

Type
Triplex
Style
2-Storey
Age
51-99 years
Size
1100-1500 sq ft
Lot
33 × 95 ft
Basement
Full, Finished
Garage
Other
Kitchens
3
Property tax
$5,024 (2026)
Neighbourhood
3402 - Vanier
Municipality
Vanier and Kingsview Park

Interior

Bedrooms
6 above ground
Bathrooms
3 × 3-piece
Family room or den
No
Fireplace
No
Features
Carpet Free, Separate Hydro Meter

Heating, cooling and services

Heating
Forced Air, Gas
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Roof
Shingles
Foundation
Concrete
Age
51-99 years
Faces
West

Parking

Total parking
4
Driveway and parking
Front Yard Parking

Lot

Size
33 × 95 ft

More

Possession
TBD
Nearby
School, Hospital, Rec./Commun.Centre, Library, Public Transit
Cross street
Montreal Road & Montfort Street

History of this address

3 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

  • 🚇 Tremblay LRT2.5 km

Within a 10-minute walk: 1 grocery store, 20 cafés and restaurants, 11 parks, 7 pharmacies. Nearest grocery: Green Fresh (800 m). Nearest park: Carillon Park (150 m).

Schools nearby

Elementary

  • Assumption School Catholic
    EQAO: Gr 6 reading 96%, math 26%    7 min walk
  • Horizon-Jeunesse Catholic Elementary School Catholic
    EQAO: Gr 6 reading 98%, math 71%    11 min walk
  • Trille-des-Bois Public Elementary School
    EQAO: Gr 6 reading 97%, math 79%    13 min walk
  • École élémentaire publique Mauril-Bélanger French
    EQAO: Gr 6 reading 79%, math 30%    14 min walk

Secondary

  • Éducation sans frontiers - éte19 min walk
  • Éducation permanente1.2 km
  • Continuing Education1.2 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K1L

Owners / renters
33% / 67%
Median household income
$63,200
Average age
43
Children under 15
11%
Homes
13% detached, 23% high-rise
Commute by transit
19%
Population
18,213

Languages spoken most at home besides English: Arabic 1.7%, Spanish 1.1%, Portuguese 0.7%, Haitian Creole 0.6%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

To downtown Ottawa: 4 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (whole home or part of it), with a City host permit. Rural cottage rentals have a separate permit.

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RIGHT AT HOME REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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