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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 45 days

    298 Montfort Street

    Vanier·Ottawa, ON·K1L 5N6·Near Montreal Road & Montfort Street

    • 6 beds
    Ottawa real estate›X13068304
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Exceptional opportunity to own a well-maintained income-producing triplex in one of Ottawa's most strategic central locations. Currently generating approximately $68,772 in gross annual rental income with an estimated net operating income of approximately $54,183. A strong option for investors seeking immediate cash flow with future upside potential. This solid multi-family property features three spacious 2-bedroom units, each offering the convenience of in-suite laundry (washer & dryer) and a dedicated parking space for each unit, a premium feature highly valued by today's tenants. An additional spare fourth parking space offers potential for increased profitability and is not currently included in the rental income. The property includes three separate hydro meters, with Units 2 and 3 paying their own hydro, helping reduce owner operating expenses and improving overall investment efficiency. The building has been carefully maintained and enhanced with recent updates including new rear metal stairs (2025), new rented furnace (2026), updated interior doors, modernized bathroom finishes, and LED lighting upgrades. All units offer bright and functional layouts with 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, schools, shopping, restaurants, community centres, public transit, parks and Highway 417, this property combines stable income, convenience, and long-term appreciation potential. A turnkey triplex opportunity in a high-demand, growing rental area of the city. Documentation available upon accepted offer: current leases, tax bill, insurance details, available utility bills, and available renovation invoices. Photos taken before tenancy.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    May 1, 2026ListedCurrentFor sale$839,900 —X13068304This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      None
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 298 Montfort Street
    What's nearby

    Points of interest classified by the MLS® feed.

    • School
    • Hospital
    • Rec./Commun.Centre
    • Library
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $4,126
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $418
    0.60% mill rate · ON
    The market

    How this home sits in the Ottawa market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Ottawa market right now

    Average sold price, days on market, and closed-transaction count for Ottawa — sourced from MLS®.

    • Avg sold price
      $719,761
      Last 30 days
    • Median sold price
      $650,477
      Middle of the market
    • Days on market
      30 d
      Avg from list to close
    • Closed last 30d
      2,927
      MLS® transactions
    Full Ottawa market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 298 Montfort Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 298 Montfort Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 298 Montfort Street listed for?

      298 Montfort Street is listed at $839,900 on the MLS® (listing X13068304). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 298 Montfort Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 3 baths
  2. 1100-1500 sqft
  3. Triplex
  4. Built 51-99
  5. Asking
    $839,900
    $0 / sqft · MLS® X13068304
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,108,432
    $1,019,757Confidence range$1,197,106
    Asking vs estimate
    ↓below
    −$268,532
    (-24.2%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 6 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Ottawa sell in about 30 days — this one has been listed 45 days.

    Avg sold price
    $719,761
    Median sold
    $650,477
    Avg days on market
    30
    Recently sold
    2927
    See comparable sales
    AI highlights by Zara
    • A strong option for investors seeking immediate cash flow with future upside potential.
    • An additional spare fourth parking space offers potential for increased profitability and is not currently included in the rental income.
    • All units offer bright and functional layouts with 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.
    Ask Zara a follow-up
    Sewer
  7. Parking & garage

    3
    Garage
    Other
    Parking spaces
    4
    Driveway
    Front Yard Parking, Other
  8. Interior

    3
    Basement
    Full, Finished
    Family room
    N
    Kitchens
    3
  9. Exterior & construction

    4
    Exterior
    Other
    Roof
    Shingles
    Foundation
    Concrete
    Pool
    None
  10. Lot & land

    2
    Year built
    51-99
    Zoning
    R4E
  11. Listing & possession

    3
    Possession
    2026-05-23T00:00:00.000-00:00
    Property style
    2-Storey
    Property class
    Triplex
  12. Public Transit
  13. Other
  14. Combined estimate
    $4,544
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $4,126
    /mo
    based on the purchase price of $839,900
    $167,980 cash
    $671,920 financed
    $565,933 total interest
    Monthly payment$4,126/ month
    Principal54%$671,920
    Interest46%$565,933

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable triplexs that just sold in Ottawa

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 169 Holmwood Avenue
      Sold
      Sign in for price
      169 Holmwood Avenue
      Triplex
    • 375 St. Denis Street
      Sold
      Sign in for price
      375 St. Denis Street
      Triplex
    • 505 O'Connor Street
      Sold
      Sign in for price
      505 O'Connor Street
      Triplex
    • 212 Flora Street
      Sold
      Sign in for price
      212 Flora Street
      Triplex
    • 391 Peach Tree Lane
      Sold
      Sign in for price
      391 Peach Tree Lane
      Triplex
    • 69 Blackburn Avenue
      Sold
      Sign in for price
      69 Blackburn Avenue
      Triplex
    AddressBd / BaSqftSold$/sqft% of askSold
    298 Montfort StreetThis home6 / 311,001,500$839,900ask———
    169 Holmwood Avenue7 / 42,500—
    375 St. Denis Street6 / 32,000—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More triplexs in Ottawa

    Active listings within ±20% of this asking price.

    • 50 Aylmer Avenue
      $999,900
      50 Aylmer Avenue
      Triplex 5 3
    • 397 Brant Street
      $725,000
      397 Brant Street
      Triplex 5 3
    • 208 Montfort Street
      $849,900
      208 Montfort Street
      Triplex 5 3
    • 136 Glenora Street
      $999,999
      136 Glenora Street
      Triplex 7 5
    • 1702 Russell Road
      $995,000
      1702 Russell Road
      Triplex 8 3
    • 430 Cote Street
      $950,000
      430 Cote Street
      Triplex 6 3
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  15. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  16. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  17. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  18. Public listing courtesy of RIGHT AT HOME REALTY · displayed on Summitly per MLS® data-share rules

    298 Montfort Street is a 6-bedroom, 3-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  19. When was 298 Montfort Street built?

    298 Montfort Street was built in 51-99. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  20. What is the property tax for 298 Montfort Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for 298 Montfort Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  21. How much would the monthly mortgage be on 298 Montfort Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $839,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  22. Has 298 Montfort Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 298 Montfort Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  23. What neighbourhood is 298 Montfort Street in?

    298 Montfort Street is in Vanier, Ottawa. The 'Neighbourhood' section below links to the live Ottawa real estate hub with average sold price, days on market, and current inventory.

  24. Is Ottawa a good place to live?

    Ottawa is one of ON's actively-tracked Summitly markets. The full Ottawa real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  25. 505 O'Connor Street
    5 / 4
    3,500
    —
    212 Flora Street5 / 43,500—
    391 Peach Tree Lane6 / 32,000—
    69 Blackburn Avenue5 / 32,000—