Description

Price : $1,438,000.00 MLS^® : X12244374 465 Mcleod Street, Ottawa Centre, ON K1R 5P5

Discover a rare investment opportunity in the heart of Centretown, Ottawa, with this charming, updated Fourplex. Built in 1936, this property offers a perfect blend of timeless character and modern updates. Featuring four spacious two-bedroom units, each approximately 860 square feet. Ideal for investors or those seeking a home with rental income potential.The building showcases hardwood flooring and solid wood accents, adding warmth and style throughout. Updated kitchens and bathrooms provide modern comfort, with one unit currently vacant and active for lease at market rent. The remaining units offer steady rental income, with tenants benefiting from the added convenience of coin laundry and parking options, including laneway parking for Units 2 and 3 and street permits for Units 1 and 4. Located in the vibrant Centretown neighbourhood, this property is steps from shops, restaurants, schools, parks and public transit, making it highly appealing to tenants. Whether you're looking for a solid investment or a property to call home, this Fourplex combines location, charm, and income potential.Viewing of Unit 2 (vacant) & exterior on first visit. 24 hours irrevocable on offers.

Location Description

McLeod & Lyon

Property Details

• Community: 4103 - Ottawa Centre
• Property Type: Owner+Tenant/Residential Freehold
• Bedrooms: 8
• Bath: 4
• Garages: None
• Annual Property Taxes : $ 10713

Building Features

• Foundation Type: Concrete
• Counstruction Material : Brick-Aluminum Siding
• Total Parking Space : 2
• Parking Type : None

Features

• Heating : BaseboardElectric
• Sewer : Sewer ,

Land (Lot Features)

• Frontage: 34.22 sq.ft
• Land Depth: 69.91sq.ft

Listing Contracted With: INNOVATION REALTY LTD.