About This Home

This 5-bedroom, 3-bathroom multi-family at 491 Mcleod Street in Ottawa Centre, ON is listed for $1,099,000. on a N/A lot.

Property Details

3 full
Listing Description

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, cafes, transit, and downtown amenities.

Monthly Cost Estimate

$5,878/mo

20% down · 6.5% · 30 years

Principal$795
Interest$4,762
Insurance$321

Estimates only. Actual payments may vary.

Location

491 Mcleod Street

Ottawa Centre, ON

Questions & Answers

This 5-bedroom, 3-bathroom multi-family at 491 Mcleod Street is listed at $1,099,000. The estimated monthly payment is $5,878 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

This property is listed by Kelly Tchorewski.

KT

Kelly Tchorewski

Agent at Engel & Volkers Ottawa

Listed by Engel & Volkers Ottawa · Broker phone: 6134228688 · Broker website

MLS# X13567264· Source: Engel & Völkers· 6 days on PropertySimple

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

491 Mcleod Street, Ottawa Centre, ON

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