298 Montfort Street

As stated by the MLS®, nothing inferred.

Below-comps first · all nearby homes shown, not just the good-value ones.

Triplex

$849,000

383 Montfort Street N

6 bed · 3 bath·1500-2000 sq ft·3 parking

Ottawa

Listed 4 days ago · Coldwell Banker Sarazen Realty

• Listing states: renovated

Fourplex

$1,249,900

213 Desrosiers Street

6 bed · 5 bath·3000-3500 sq ft·6 parking

Ottawa

Listed 4 days ago · Royal LePage Team Realty

PRIME INVESTMENT OPPORTUNITY! Fully tenanted, income-producing triplex generating approximately $69,300 in gross annual rental income, with an estimated NOI of approximately $54,711, 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.