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261 Montfort Street

3402 - Vanier / Vanier and Kingsview Park, ON K1L 5P1

NewActiveFor Sale
2 Beds
2 Baths
700 Sq Ft
Multi-Family

About This Property

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.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size700 sq ft
Bedrooms2
Bathrooms2
ListedJuly 15, 2026
Postal CodeK1L 5P1

Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13567142

Listed by EXIT REALTY MATRIX

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$465,000

asking price

MLS®X13567142
TypeMulti-Family
CityVanier and Kingsview Park
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$2,271

/month · $372,000 mortgage

Down Payment20% — $93,000
Interest Rate5.5%

Amortization

Total Interest

$309,197

Total Cost

$681,197

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

EXIT REALTY MATRIX