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261 Montfort Street, Ottawa, ON 38 photos

$475,000

Active
261 Montfort Street, Ottawa, ON· Vanier
1+1
Bedrooms
2
Bathrooms
700-1100
Sq Ft
2
None Parking

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# X13147628

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 261 Montfort Street, Ottawa, ON

Property TypeDuplex
StyleBungalow
Size700-1100 sq ft
BasementFinished, Full, Separate Entrance, Apartment
Total Parking2

Mortgage Calculator

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Mortgage Payment$2,334/monthly
Principal54%
Interest46%
Principal Amount$380,000
Interest$320,060
Total Payable$700,060
Amortization25 years

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

Cash Flow Analysis

Mortgage payment$2,334
Mortgage + Expenses$2,334
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Monthly Cash Flow-$2,334

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

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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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