LOADING

475 Maclaren Street Ottawa, Ontario K1R 5K5

8 Bedroom 6 Bathroom 3500 - 5000 sqft
Fireplace Window Air Conditioner

$1,696,000

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. (id:59524)

Property Details

MLS® Number X13691960
Property Type Multi-family
Community Name 4103 - Ottawa Centre
AmenitiesNearBy Public Transit
ParkingSpaceTotal 3

Building

BathroomTotal 6
BedroomsAboveGround 8
BedroomsTotal 8
Amenities Fireplace(s)
Appliances Dishwasher, Stove, Washer, Refrigerator
BasementDevelopment Partially Finished
BasementType Partial (partially Finished)
CoolingType Window Air Conditioner
ExteriorFinish Brick
FireProtection Smoke Detectors
FireplacePresent Yes
FireplaceTotal 2
FoundationType Stone
HeatingFuel Natural Gas
StoriesTotal 3
SizeInterior 3500 - 5000 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
LandAmenities Public Transit
Sewer Sanitary Sewer
SizeDepth 109 Ft ,9 In
SizeFrontage 58 Ft
SizeIrregular 58 X 109.8 Ft
SizeTotalText 58 X 109.8 Ft
ZoningDescription R4t[733]

Utilities

Cable Available
Electricity Available
Sewer Available

https://www.realtor.ca/real-estate/30173875/475-maclaren-street-ottawa-4103-ottawa-centre

Save $21,000+ On Your Next Home Purchase

Get 20+ years of home-buying secrets I’ve used with over 500 clients, so you can get your dream home for the price you want

Access For Free

Interested?

Contact us for more information about this listing.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.