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.
Address
465 Mcleod Street
List Price
$1,438,000
Property Type
Residential Freehold
Type of Dwelling
Fourplex
Style of Home
3-Storey
Area
Ottawa Centre
Sub-Area
4103 - Ottawa Centre
County
Ottawa
Bedrooms
8
Bathrooms
4
Floor Area
2500 - 3000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
69.91
Lot Shape
Rectangular
Lot Size Units
Feet
Lot Width
34.22
Approx. Age
51 - 99 Years
MLS® Number
X12244374
Listing Brokerage
INNOVATION REALTY LTD.
Basement Area
Full
Postal Code
K1R 5P5
Parking Places (Total)
2
Tax Amount
$10,713.00
Tax Year
2024
Interior Features
Carpet Free, Separate Hydro Meter, Separate Heating Controls
Heat Source
Electric
Heat Type
Baseboard
Cooling Features
None
Construction Materials
Brick, Aluminum Siding
Direction Faces
North
Fireplace
Yes
Foundation Details
Concrete
Garage Type
None
Kitchens Total
4
Other Structures
Shed, Workshop
Pool Features
None
Roof
Flat
View Type
Downtown
Waterfront
No
Sewer
Sewer
