For sale
Fourplex

465 Mcleod Street

$1,438,000
Ottawa, Ontario, K1R 5P5

Overview

  • Updated On:
  • June 25 2025
  • MLS® Number
  • X12244374
  • 8 Bedrooms
  • 4 Bathrooms

Description

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. (id:57887)

Price:
Price Info:
Property Type: Multi-family
Building Type: Fourplex
Storeys: 3
Neighbourhood: Centretown
Amenities
Separate Electricity Meters
Separate Heating Controls
Appliances
Dryer
Hood Fan
Water Heater
Stove
Washer
Refrigerator
Cooling & Heating
Electric
Baseboard heaters
ExteriorFinish
Brick
Aluminum siding
$ 7,372.91
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 5,575.41
Bedroom
BedroomsAboveGround: 8
BedroomsTotal: 8
Bathroom
BathroomTotal: 4
Basement
BasementType: Full
Size
SizeInterior: 2500 - 3000 sqft
Construction
Age: 51 to 99 years
FoundationType: Concrete
Utility
UtilityWater: Municipal water
Acreage: No
Sewer: Sanitary Sewer
SizeDepth: 69 Ft ,10 In
SizeFrontage: 34 Ft ,2 In
SizeIrregular: 34.2 X 69.9 Ft
SizeTotalText: 34.2 X 69.9 Ft
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