298 Montfort Street

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 locat