For sale

I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.

Ottawa · Vanier

298 Montfort Street

Triplex

MLS® #X13879244

Listed for$789,9001 day on market

6 bed 3 bath 4 parking 1100-1500 sq ft~$608/sq ft

New this week
Transit stop ~239.4 km

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Est. all-in monthly~$4,094/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

0 schools within ~1 km · nearest transit stop ~239.36 km

Property information

What house buyers ask first

Lot size: 33 × 95 ft
Square footage: 1100-1500 sq ft
Age: ~51-99 years old
Property tax: $5,024 / yr
Parking: 4 spaces · Other
Basement: Full, Finished

Property summary

Property type: Triplex
Style: 2-Storey
Approx. age: 51-99 years
Lot size: 33 × 95 ft
Parking: 4 spaces · Other
Heating: Forced Air
Air conditioning: None
Basement: Full, Finished
Kitchens: 3
Exterior: Other
Property tax: $5,024 / yr
MLS®: X13879244

As stated by the MLS®, nothing inferred.

Nearby homes for sale

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

Condo Apartment

$299,000

Below recent sales

200 Lafontaine Avenue, Unit 902

2 bed · 2 bath·1000-1199 sq ft·1 parking·$720/mo fee

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Listed 4 days ago · RE/MAX Hallmark Realty Group

Condo Apartment

$224,900

Below recent sales

158A Mcarthur Avenue, Unit 804

2 bed · 1 bath·600-699 sq ft·1 parking·$633/mo fee

Ottawa

Listed 2 days ago · RE/MAX Hallmark Realty Group

Multiplex

$2,200,000

203-205 Marier Avenue

10+12 bed · 8 bath·3500-5000 sq ft·5 parking

Ottawa

Listed 4 days ago · Easy List Realty Ltd.

Multiplex

$1,379,000

118 Marier Avenue

11 bed · 6 bath·3500-5000 sq ft·5 parking

Ottawa

Listed 3 days ago · Lotful Realty

Detached

$415,000

319 Savard Avenue

2 bed · 1 bath·< 700 sq ft·3 parking

Ottawa

Listed 3 days ago · Engel & Volkers Ottawa

The numbers that matter

Property tax: $5,024/yr
Est. all-in: ~$4,094/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

We list nearby schools as factual locations only. For this home, check the authoritative tools directly:

Browse schools near this home Nearby elementary & secondary schools, mapped Check provincial results — EQAO Official Ontario assessment results, searchable by school

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Trent UniversityNearest transit · Bus stop~239.4 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Ottawa

$622KMedian sold

32Median days on market

98.2%Sale-to-list

Median sold price · Ottawa1-yr -3% · 3-yr +1%

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Ottawa

1,017,449Population (2021)

40Median age

$102,000Median household income

63.9%Home owners

36.1%Renters

2.5Avg household size

Source: Statistics Canada, 2021 Census

Description & details

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.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by RIGHT AT HOME REALTY. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.