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323 Montfort Street, Ottawa, ON 26 photos

$570,000

Active
323 Montfort Street, Ottawa, ON· Vanier
2
Bedrooms
3
Bathrooms
700-1100
Sq Ft
$518–$814
Per Sq Ft
3
None Parking

About 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

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

Features & Details

Property details of 323 Montfort Street, Ottawa, ON

Property TypeDetached
Style2-Storey
Size700-1100 sq ft
BasementSeparate Entrance, Apartment
Total Parking3

Mortgage Calculator

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%
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Mortgage Payment$2,800/monthly
Principal54%
Interest46%
Principal Amount$456,000
Interest$384,072
Total Payable$840,072
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$2,800
Mortgage + Expenses$2,800
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$
$
$
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Monthly Cash Flow-$2,800

* Estimate only. Consult a mortgage broker for accurate figures.

5.0 · 70+ Google reviews
Akash Sharma

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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