$829,900 list price. Neighbourhood benchmark for this home type is being prepared.
About this home
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.
Property details
Listed on
June 18, 2026
Days on market
42 days
Property tax
$5,024 (2026)
Lot
33 × 95 Feet
Style
2-Storey
Heating
Forced Air
MLS®
X13464846
Full details
Parking
GarageOther
Total parking4
Parking featuresFront Yard Parking, Other
Property & sold history
🔒
See this home's sale & listing history
Historical sold prices are protected under TRREB rules — sign in to unlock. No spam, ever.
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
This price requires at least 7.0% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$13,073
Legal · title · inspection$2,800
Closing costs$15,873
Down payment$165,980
Total cash to close$181,853
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
Comparables
Homes near 298 Montfort Street, Vanier and Kingsview Park, ON K1L 5N6