261 Montfort Street
261 Montfort Street
$450,000
1 days on market
About This Listing
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), 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.
| Monthly Mortgage (P&I) | $1,961 |
| Property Tax (MLS) | $354 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $2,315 |
Down payment: $90,000 (20.0%) · Mortgage: $360,000
Property tax uses MLS annual tax of $4,253/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by EXIT REALTY MATRIX
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Data last updated: August 23, 2026 at 12:25 p.m.