298 Montfort Street, Vanier and Kingsview Park, ON K1L 5N6
3402 - Vanier, Vanier and Kingsview Park · Near Montreal Road & Montfort Street · View map
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.
The home
- Type
- Triplex
- Style
- 2-Storey
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 6
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Full, Finished
- Lot size
- 33 x 95 ft
- Faces
- West
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Smoke Detector
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 1
- Total parking
- 4
- Parking features
- Front Yard Parking
Taxes & other
- Property taxes
- $5,024/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Montreal Road & Montfort Street
- Neighbourhood
- 3402 - Vanier
More
- Price per sq ft
- ~$608 (at 1,300 sq ft)
- MLS® number
- X13879244
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The home and its surroundings
- Carpet Free
- Separate Hydro Meter
- School
- Hospital
- Rec./Commun.Centre
- Library
- Public Transit
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
298 Montfort Street, Vanier and Kingsview Park, ON K1L 5N6
3402 - Vanier, Vanier and Kingsview Park · Near Montreal Road & Montfort Street
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Listing history for 298 Montfort Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 298 Montfort Street
Answers come straight from this home’s MLS® listing.
How much is 298 Montfort Street listed for, and what would it cost each month?
298 Montfort Street is listed for $789,900. With 20% down ($157,980), the mortgage payment would be roughly $3,186 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,605 a month, all in. That figure is an illustration, not a quote.
Is 298 Montfort Street freehold or a condo, and is there a monthly fee?
298 Montfort Street is a triplex in 3402 - Vanier, Vanier and Kingsview Park. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 298 Montfort Street have?
298 Montfort Street has 6 bedrooms and 3 bathrooms. The listing gives the style as 2-storey.
Does 298 Montfort Street have a garage and parking?
The listing does not show a garage. The driveway adds 1 space. In total the listing counts 4 parking spaces.
Does 298 Montfort Street have a finished basement?
The listing describes the basement as full, finished. Finished basement space is usually not counted in the square footage shown.
What style of home is 298 Montfort Street?
298 Montfort Street is a triplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 298 Montfort Street, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 33 x 95 ft.
How is 298 Montfort Street heated and cooled?
Heating is forced air (gas). The listing does not show air conditioning.
What are the property taxes for 298 Montfort Street?
Property taxes are $5,024 a year (2026), or about $419 a month.
Where is 298 Montfort Street?
298 Montfort Street is in the 3402 - Vanier community of Vanier and Kingsview Park. The nearest main intersection is Montreal Road & Montfort Street. The postal code is K1L 5N6.
Is 298 Montfort Street still for sale?
Yes. It is an active listing (MLS® X13879244). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 298 Montfort Street asking?
Similar properties for sale nearby right now include 142 Ste Cecile Street at $699,000 (6 bed), 134 Jolliet Avenue at $899,000 (6 bed) and 228 Carillon Street at $799,000 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 298 Montfort Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 298 Montfort Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 3402 - Vanier, picked by style, size and price.
Triplex$699,000142 Ste Cecile Street, Vanier and Kingsview Park6 bed · 3 bath · 3402 - VanierCourtesy of: RE/MAX HALLMARK REALTY GROUPView home →
Triplex$899,000134 Jolliet Avenue, Vanier and Kingsview Park6 bed · 3 bath · 3402 - VanierCourtesy of: RE/MAX ABSOLUTE WALKER REALTYView home →
Duplex$799,000228 Carillon Street, Vanier and Kingsview Park4 bed · 2 bath · 3402 - VanierCourtesy of: ROYAL LEPAGE PERFORMANCE REALTYView home →Courtesy of: RIGHT AT HOME REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.