Discover an exceptional investment opportunity in the heart of the Glebe with this legal, fully turnkey, fully rented 5plex, essentially rebuilt from the ground up in 2017. Featuring 2 spacious 2 bedroom units and 3 bright 1 bedroom units each equipped with in unit laundry. This property offers modern finishes, quality construction throughout, and strong tenant appeal. With stable long term tenants and annual rent increases already in place, the building provides reliable, steadily growing income. Ideally located just steps from shops, restaurants, parks, and the Canal, it sits in one of Ottawa's most sought after rental markets. A rare chance to own a premium, low maintenance investment property in an unbeatable location a true value for investors seeking dependable returns and long term growth.View featured sheets for more information. (id:2493)More details
The same size as the 2 bedrooms in this building with an extra-large den with it's own en-suite, this very comfortable unit offers superb flexibility. 739 Sq Ft! Balcony off master and living room, hardwood, granite counters, breakfast bar, in-suite laundry, underground parking and locker included. Rooftop terrace w Gas BBQ. Freshly painted and located on the cooler side of the building with nice city-scape views. Just a couple of blocks from Ottawa University Campus in Sandy Hill, amazing walkscore of 99/100 - two full baths - great for sharing or guests, walk to everything, school, Parliament, Byward Market, Rideau Centre, Rideau Canal, groceries, LCBO, Light Rail - it's all right here - 24 hour irrev. (id:2493)More details
Elegant, purpose-built red-brick Victorian 4-unit across from Dundonald Park in the heart of Centretown. MacLaren is one of the finest streets in the heart of Centretown with a delightful canopy of trees and remarkable homes and properties of architectural distinction. Family-owned and exceptionally maintained with $200K+ in recent capital improvements, this turn-of-the-century building combines historic charm with modern building systems. Major upgrades include Roman-cement foundation repointing, pond-liner membrane, new weeping tile, 2 layers of SM insulation, attic to R40+, new roof (2025), interlock (2025), updated landscaping, and new high-efficiency IBC boiler (2024) with Danfoss thermal controls. Electrical is modern (1992) with 5 meters and hardwired smoke detectors. The four units feature a mix of high ceilings, hardwood floors, updated kitchens and baths, split-phase AC in 2 of the units, and efficient hydronic heat. Unit 1 is a spacious 3-bed with private deck, triple-glazed windows, renovated bathroom, in-unit laundry, and extensive insulation upgrades. Unit 2 offers 3 bright bedrooms, a front porch, updated finishes, and hardwood (2021). Unit 3 is a stylish 2-bed open-concept with quality hardwood and stainless appliances. Unit 4 is a one-bed plus den lower-level with hot-water radiators. This property includes a welcoming lobby with woodwork and shared laundry, reinforced fire escape, two storage sheds, and parking for 3 cars. Nicely landscaped yards with a rear deck and patio, river-stone drainage, cedar fencing, mature tree canopy, and attractive east-side interlock. The economics here are compelling to be sure, and worthy of a discussion. See photo gallery and 3D virtual tour. Indeed 542 MacLaren Street is a rare, turnkey investment steps to Somerset (Tim's, restaurants, etc), Bank St., The Hill., LRT transit, bike lanes, 5minute walk to IGA grocery store and other distinct and valued urban amenities. A signature Centretown asset - built to last. (id:2493)More details
Data was last updated December 3, 2025 at 03:45 PM (UTC)
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