543 McLeod Street offers a rare turnkey four-unit brick property in Ottawa's high-demand Centretown, ideal for investors seeking stable rental income and minimal ongoing maintenance. Owned and cared for by the same landlord since 2003, the building has been meticulously maintained and upgraded for longevity and compliance. All four self-contained units are bright, well-kept, and tenant-appealing, each with separate hydro and egress provisions. The building has two 1-bedroom and two 2-bedroom layouts, all with in-unit laundry, full kitchens with granite, and gas fireplaces. Upgrades include stone restoration (2015), brick restoration (2024), foundation waterproofing (2020 & 2022), a rebuilt front porch (2021) and staircase, a paved driveway, and professional landscaping with river stone accents. The property provides private driveway access and parking for at least four vehicles at the rear. Unit 1 is a wonderful 2-bedroom apartment modernized in 2012, offering a modern kitchen with black granite counters and an open living area. Unit 2, located on the second level and modernized in 2021, is a spacious two-bedroom with an updated bathroom and access to the front porch. Unit 3, modernized in 2009, is a very bright and airy one-bedroom apartment that occupies the full top floor and has a private entrance and skylight. Unit 4, found on the lower level and modernized in 2022, has one bedroom with a separate entrance and abundant natural light. With strong tenant appeal, low maintenance requirements, and a prime central location, 543 McLeod Street is a solid addition to any investment portfolio.
Address
543 Mcleod Street
List Price
$1,425,000
MLS® Status
New
Expiration Date
2025-12-20
Property Type
Residential Freehold
Type of Dwelling
Fourplex
Style of Home
3-Storey
Transaction Type
For Sale
Area
Ottawa Centre
Sub-Area
4103 - Ottawa Centre
Region
Ottawa
Bedrooms
5 + 1
Bedrooms (Total)
6
Rooms Above Grade
11
Rooms Below Grade
4
Bathrooms
4
Floor Area
2000 - 2500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
99
Lot Size Units
Feet
Lot Width
33
Parcel Number
041210364
Occupant Type
Tenant
Cross Street
Percy St & McLeod St
MLS® Number
X12354463
Listing Brokerage
ENGEL & VOLKERS OTTAWA
Basement Area
Full, Finished
Postal Code
K1R 5R2
Posession Details
January 2026
Parking
Private
Parking Places (Total)
4
Parking Spaces
4
Tax Amount
$10,690.65
Tax Year
2025
Exterior Features
Porch
Interior Features
Separate Hydro Meter
Property Features
Park, Public Transit, School Bus Route
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Source
Electric
Heat Type
Baseboard
Cooling Features
Wall Unit(s)
Construction Materials
Brick
Direction Faces
North
Fireplace
Yes
Fireplace Features
Natural Gas
Foundation Details
Stone
Garage
No
Garage Type
None
Kitchens Total
4
Kitchens Above Grade
3
Kitchens Below Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 37, PL 30 , N/S OF MCLEOD ST, BEING THE W 1/2 ; OTTAWA/NEPEAN
Waterfront
No
Sewer
Sewer
