Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
5 Beds
3 Baths

C$1,099,000

491 Mcleod Street, Ottawa Centre ON, K1R 5P7

Property typeMulti-family

Overview

Active

New

Listed Jul 15, 2026

Updated Jul 16

Turn-key investment property in the heart of Centretown with 5.42% Cap rate! Exceptionally well maintained and fully leased to professionals, this triplex is a rare find in today's market. Offering three spacious units, including two two-bedroom apartments and one one-bedroom-plus-den apartment, each unit features hardwood flooring throughout, updated kitchens and bathrooms, and two units have fireplaces (one gas and one electric). Additional highlights include two parking spots, a detached garage, a fully fenced backyard, coin-operated laundry, and numerous updates including the roof (2017), interlock driveway (2020), gas boiler (2021), composite front deck (2022), front deck railings (2026) and freshly painted stucco exterior (2026). Ideally located just steps from Bank Street's shops, restaurants, cafés, transit, and downtown amenities.

Additional information

MLS® ID
X13567264

Interior Features

Bedrooms
5
Bathrooms
3
Fireplace
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$8,570
Tax Frequency
Annually
Garage
Yes

 

Courtesy of Listed by , ENGEL & VOLKERS OTTAWA,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 3:09 AM UTC, 7/16/2026

 

Powered by Luxury Presence