26 photos


$570,000
ActiveAbout this Property
An exceptional turnkey opportunity to secure a centrally located property with both immediate rental income and future development upside or rent one unit and off set mortgage with the other! Set on a 33 ft x 95 ft lot with R4UA zoning, this property offers excellent flexibility for investors, owner-occupiers, or those looking to hold and explore future development options over time.The main unit is bright, spacious, and thoughtfully updated, featuring hardwood flooring throughout and an open-concept living and dining area with a breakfast bar. The kitchen offers modern finishes, quartz countertops, ample cabinetry, a walk-in pantry, and direct access to the large backyard. A convenient bathroom and in-unit laundry add everyday function. Upstairs, you will find two generous bedrooms, a full bathroom, and tasteful updates throughout.The lower-level studio unit offers a practical and well-designed living space with a modern kitchen, 3-piece bathroom, and spacious main living area. The shared rear yard provides additional outdoor space for residents, along with a large storage structure.Located just steps from transit, this property offers easy access to downtown Ottawa, Rideau Centre, Ottawa U, Parliament Hill, CSIS, CMHC, NRC, St. Laurent Centre, and more. Bright, well-maintained, and move-in ready, this is a strong addition to any portfolio with excellent long-term potential. Tenants are happy to stay, currently on a month-to-month rent in the upstairs unit. Photos were taken prior to the current tenancies.
Listed by EXP REALTY · MLS# X13414842
About Vanier
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.
Features & Details
Property details of 323 Montfort Street, Ottawa, ON
Market Insights for Detached in Vanier
Based on 20 sales in the last 90 days
Seller’s Market
Demand is outpacing supply. Sellers can expect competitive offers and strong pricing.
New Listings
20
Avg Days on Market
43 days
Avg Price/Sq Ft
$478
Location
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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