All ListingsMLS# X13567142

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$465,000

Active

261 Montfort Street, Ottawa, ON· Vanier

1+1

Bedrooms

Bathrooms

700-1100

Sq Ft

$423–$664

Per Sq Ft

None Parking

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About this Property

Private driveway with parking for two vehicles

Fully vacant bungalow duplex in a central Ottawa location and a great opportunity for anyone looking to offset their living expenses by renting out the lower unit while living upstairs. Perfect for investors, first time buyers, owner occupants wanting flexibility and future upside. The main level features a bright living room with bay window, hardwood flooring, spacious kitchen with granite counters, main floor laundry, full bathroom with updated quartz countertop and a heated ceramic floor, and a comfortable bedroom with patio doors leading to the rear deck and private backyard space with the option to create a relaxing hot tub patio setup. The lower level offers a separate one bedroom apartment with its own private entrance and separate hydro meter, creating strong rental potential. Many updates including heat pump and furnace (2023), architectural shingle roof (2018), increased attic insulation, vinyl siding, and a two person infrared sauna. Also new basement upgrades completed in 2026 include updated kitchen counter, sink, taps, backsplash, new flooring, updated lighting, and renovated bathroom vanity, sink, and taps. Private driveway with parking for two vehicles. Located close to transit, downtown Ottawa, shops, restaurants, and everyday amenities. A practical property with income potential, flexibility, and long term upside all in one.

Listed by EXIT REALTY MATRIX · MLS# X13567142

About Vanier

Urban Revitalizing · Avg $500K

Vanier is a compact urban neighbourhood located just east of the Rideau River from downtown Ottawa, undergoing a significant revitalization that has caught the attention of savvy buyers, investors, and first-time homeowners looking for affordable central living with strong appreciation potential. Once a separate francophone municipality before amalgamation, Vanier retains a distinctive French-Canadian cultural identity while embracing the multicultural diversity that has become one of its defining characteristics.

Avg Home Price$500K

Walk Score80

To ByWard Market10 min

Drive to Downtown8 min

View Full Vanier Guide