289 Montfort Street, Vanier and Kingsview Park

$599,900
289 Montfort Street

$599,900

New
8d
DetachedBacksplit 3

289 Montfort Street, Vanier and Kingsview Park

Total Monthly Obligation $3,143

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
8d
Score
24
Yield
6.3%
Cash on Cash
2.8%
Cap Rate
5.2%
5Y IRR
17.8%
10Y IRR
16.4%
Property Type-Detached
MLS® Number-X14082652
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-33 × 95 ft
Listed on site-Oct 15, 2026
Style-Backsplit 3
Building Type-Detached
Age-51-99
Taxes-$4,172.48 (2026)
Parking-2 - None
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Other, Stone
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Immediate or TBA
Neighbourhood-3402 - Vanier
Title-Residential Freehold

No agent assigned

MORE SPACE, MORE COMFORT, MORE WAYS TO ENJOY LIFE! Welcome to 289 Montfort, a beautifully updated detached backsplit that offers more than meets the eye! With approximately **1,400 sq. ft. of finished living space, including 1,000 sq. ft. above grade and another 400 sq. ft. on the lower level, this home is all about making the most of every square foot. Step inside and discover a bright, inviting space where the big updates are already done, leaving you more time to simply enjoy life! An updated kitchen, refreshed bathrooms and modern flooring create a comfortable, move-in-ready feel, while three generously sized bedrooms offer flexibility for family, guests or that work-from-home setup you've been dreaming of. Need a little extra room to spread out? The finished lower level is your bonus living space! Think cozy movie nights, a kids' hangout, home gym, games room or the ultimate spot to unwind after a busy day. When warmer weather arrives, take the fun outdoors! The private backyard is ready for summer BBQs, morning coffee, gardening or relaxing with friends. There's even a 12' x 8' powered shed, perfect for storage, hobbies or your next creative project. And the lifestyle doesn't stop at your doorstep! Enjoy being minutes from the cafés, restaurants and shops of Beechwood Village, with Downtown Ottawa, Montfort Hospital, parks, schools, transit and the scenic Aviation Parkway pathways all nearby. Whether it's a weekend bike ride, a quick coffee run or an easy commute, everything feels within reach. Even better? Updates include the furnace, central A/C, ductwork, gas system, electric hot water tank, kitchen, bathrooms, flooring and more. Estimated monthly utilities: Hydro $150 | Heat $40 | Water $50. A detached home with room to grow, space to unwind and a location that makes everyday living easy. Come discover the possibilities.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,143/mo
Mortgage $2,420
Monthly Loss $2,506
Principal$637
Interest$1,783
Property Tax$348
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-2.8%4
5-Year IRR
13.5%61
10-Year IRR
13.3%
Returns Index
31.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$37,896/yr
NOI
$25,434/yr
Net Cash Flow
-$300/mo
Cash Margin
-9.5%1
Cash Flow Index
0.7/ 100
Risk Profile
Weight: 20%
DSCR
0.8818
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
29.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 289 Montfort Street

Time

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