Ideally situated in Ottawa's coveted Golden Triangle, this property represents a rare opportunity to acquire a well-maintained six-unit multifamily asset in one of the city's most desirable urban enclaves. Each suite is thoughtfully configured, offering a strong foundation of stable income with meaningful potential for rental growth and value appreciation. The property's central location ensures enduring tenant demand, exceptional walkability, and proximity to Ottawa's key employment, retail, and lifestyle corridors. Investors will appreciate the balance of reliability and upside-an ideal addition to any portfolio seeking long-term performance in a high-barrier-to-entry market. A new roof was completed in 2024, further enhancing the property's desireability. Opportunities of this caliber in Ottawa's thriving multifamily market are increasingly rare, making 88 MacLaren Street a must-see for the discerning investor. (id:28469)
Facts & features
Property
MLS® Number
X13494974
Property Type
Multi-family
Neighbourhood
Golden Triangle
Community Name
4104 - Ottawa Centre/Golden Triangle
Building
Cooling Type
None
Heating Fuel
Natural Gas
Heating Type
Forced Air
Type
Multi-family
Utility Water
Municipal Water
Land
Acreage
Yes
Size Depth
109 Ft
Size Frontage
29 Ft
Size Irregular
3161
Size Total
3161 Ac
Size Total Text
3161 Ac
Zoning Description
R4v[478], Unassigned
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.