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Mike McCarthy

mike@mikemccarthyrealty.com +1(289) 919-5442

Est. payment - /mo

8 Beds

6 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 4103 - Ottawa Centre

MLS Listing ID X13691960

Style 3-Storey

Bedrooms 8

Annual Tax Amount $15,302

Tax Year 2025

Property Sub-Type Multiplex

Property Description

This majestic Victorian classic is beautifully situated upon a prime 58 ft lot at 475 MacLaren. One of the finest streets in downtown Ottawa with a delightful canopy of trees and remarkable properties of architectural distinction - just half a block East of Dundonald Park. Originally built for Canada's first Postmaster General, now comprises five impressive, renovated one- and two-bedroom rental suites. Family-owned all these 38 years. Thoughtfully upgraded, meticulously maintained, and built to endure. This turn-of-the-century property features a mix of high ceilings, hardwood floors, and beautiful art deco heating radiators throughout and as it stands blends historic charm with modernized building systems. Major upgrades include renovated kitchens and baths with granite, ceramics and stainless steel appliances; quality fibreglass-framed windows; updated electrical wiring and panels; replacement plumbing stacks; interior foundation treatment (2018); stone foundation repointing (2019); boiler (2001); two hot water tanks in parallel (2015 & 2025); roofing (2005 & 2016); five hydro meters; hardwired smoke detectors; tenant lockers; storage and garbage sheds; and seven window A/C units. Unit 1 is an exceptionally spacious two-bedroom suite offering a gas fireplace, wood-burning fireplace in the living room, five-piece ensuite, in-unit laundry and private deck. Residents enjoy a welcoming veranda, lobby, balconies, patios and deck areas. The lower level provides shared coin-operated laundry, private storage lockers and workshop space. Parking accommodates three or more vehicles in tandem. The grounds are attractively landscaped with generous side and rear yard amenities. The investment fundamentals are compelling, with an NOI of $72,000 and plenty of room. Just steps from Somerset Street, Bank Street, Parliament Hill, LRT transit, cycling infrastructure, restaurants, cafés, shopping, grocery stores and everyday conveniences .Well worth a discussion and site visit.

Location

Province ON

County Ottawa

Area Ottawa

Zoning R4T[733]

Rooms

Family Room No

Basement Partially Finished, Full

Kitchen 5

Interior

Interior Features Storage

Cooling Window Unit(s)

Fireplaces Number 2

Fireplaces Type Wood, Natural Gas

Inclusions 5 Fridges, stoves, and dishwashers, 2 clothes washers, 2 clothes dyers, 7 window mounted air conditioners

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 57.95

Lot Depth 109.75

Total Parking Spaces 3

Building

Foundation Stone

Others

Senior Community No

Security Features Smoke Detector

ParcelsYN No

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Listed by LPT REALTY

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Mike McCarthy

Realtor | License ID: 4794661

+1(289) 919-5442 | mike@mikemccarthyrealty.com

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475 MacLaren ST Ottawa Centre, ON K1R 5K5

Mike McCarthy

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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