For Sale Multi-Family

491 Mcleod Street

$1,099,000 Est. $4,866/mo ↓

Ottawa, Ontario K1R 5P7

5 Bedrooms
3 Bathrooms
2,500 - 3,000 sqft Interior
2 Parking spaces
33 X 99 Ft Lot size
40 days ago Listed
Fireplace None

About this home

Turn-key investment property in the heart of Centretown with 5.42% Cap rate! Exceptionally well maintained and fully leased to professionals, this triplex is a rare find in today's market. Offering three spacious units, including two two-bedroom apartments and one one-bedroom-plus-den apartment, each unit features hardwood flooring throughout, updated kitchens and bathrooms, and two units have fireplaces (one gas and one electric). Additional highlights include two parking spots, a detached garage, a fully fenced backyard, coin-operated laundry, and numerous updates including the roof (2017), interlock driveway (2020), gas boiler (2021), composite front deck (2022), front deck railings (2026) and freshly painted stucco exterior (2026). Ideally located just steps from Bank Street's shops, restaurants, cafés, transit, and downtown amenities. (id:28469)

Facts & features

Property

MLS® Number
X13567264
Property Type
Multi-family
Community Name
4103 - Ottawa Centre
Equipment Type
Water Heater
Parking Space Total
2
Rental Equipment Type
Water Heater

Building

Bathroom Total
3
Bedrooms Above Ground
5
Bedrooms Total
5
Amenities
Fireplace(s), Separate Electricity Meters
Appliances
Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator
Basement Development
Unfinished
Basement Type
Full (unfinished)
Cooling Type
None
Exterior Finish
Stucco, Aluminum Siding
Fireplace Present
Yes
Fireplace Total
2
Foundation Type
Stone
Heating Fuel
Natural Gas
Stories Total
3
Size Interior
2,500 - 3,000 Sqft
Type
Triplex
Utility Water
Municipal Water

Parking

Detached Garage
Garage

Land

Acreage
No
Sewer
Sanitary Sewer
Size Depth
99 Ft
Size Frontage
33 Ft
Size Irregular
33 X 99 Ft
Size Total Text
33 X 99 Ft

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$4,866/mo
Ontario land transfer tax
$18,455 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Ottawa Centre market

85 Active listings
$640,619 Median asking price
72% above median This home
38 days Avg. time on market
Browse all Ottawa Centre listings →

Location

491 Mcleod Street, Ottawa, Ontario K1R 5P7  ·  Get directions

Want first look at new Ottawa Centre homes in this price range?

Create a free account