For Sale

491 Mcleod Street

$1,099,000
Ottawa Centre, Ontario K1R 5P7 · MLS® X13567264 · Updated 1h ago
491 Mcleod Street, Ottawa Centre, ON K1R 5P7
1 / 44 photos
5
Bedrooms
3
Bathrooms
Sq Ft
2
Parking

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.

Property Information

Type
Residential Freehold
Style
Triplex
Architectural Style
3-Storey
Lot Size
33 × 99 ft
Direction Faces
North
Bedrooms
5
Kitchens
3
Parking
2 total · Detached
Cross Street
Lyon
Postal Code
K1R 5P7
Occupancy
Tenant
Possession
Flexible
MLS#
X13567264
Listing Office
ENGEL & VOLKERS OTTAWA

Building Details

Construction
Stucco (Plaster), Aluminum Siding
Roof
Asphalt Shingle, Tar and Gravel
Heating
Water · Gas
Cooling
None
Basement
Full, Unfinished
Fireplace
2 · Natural Gas, Electric
Laundry
Lower Level
Pool
None

Features & Amenities

Interior
Separate Hydro Meter

Financials & Fees

Annual Property Tax
$8,570 (2025)

Inclusions & Exclusions

Inclusions

3 fridges, 3 stoves, 2 dishwashers, 3 hood fans, coin operated washer and dryer

Exclusions

tenants belongings

Location

Listing courtesy of:ENGEL & VOLKERS OTTAWA

Source: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.

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