Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# X13567264

491 Mcleod Street, Ottawa Centre, ON K1R 5P7

Ottawa Centre, ON K1R 5P7

$1,099,000 Est. $4,668/mo · 20% down, 25-yr, 4.09%
5Beds
3Baths
33 × 99 ftLot
2Parking
TriplexType

About this property

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.

Property Summary

Property TypeTriplex
Square Footage2500 - 3000 sq ft
Community Name4103 - Ottawa Centre
Land Size33 x 99 ft
Annual Property Taxes$8,570.00
Tax Year2025
Parking TypeDetached Garage, Private Double

Building details

Bedrooms5
Bathrooms / washrooms3 — 3-pc Main, 3-pc Third, 4-pc Second
Kitchens3
Property typeTriplex
Architectural style3-Storey

Lot & land

Lot dimensions33 × 99 ft
Lot frontage33 ft
Lot depth99 ft

Interior Features

Basement FeaturesFull, Unfinished
Basement TypeFinished
Interior FeaturesSeparate Hydro Meter
Inclusions3 fridges, 3 stoves, 2 dishwashers, 3 hood fans, coin operated washer and dryer
Exclusionstenants belongings

Building Features

Foundation TypeStone
Style3-Storey
RoofAsphalt Shingle, Tar and Gravel
ConstructionStucco (Plaster), Aluminum Siding

Building Amenities

Fireplace(s)1
Fireplace featuresNatural Gas, Electric
PoolNone

Rental Equipment

Rental equipmenthot water tanks (3)

Heating & Cooling

CoolingNone
Heating TypeWater
Heating SourceGas
Fireplace2

Utilities

Utility SewerSewer

Parking

Parking TypeDetached Garage, Private Double
Total Parking Spaces2

Taxes & fees

Annual taxes$8,570 (2025)

Listing history

On market sinceJul 15, 2026

Location

Ottawa Centre, ON K1R 5P7
Listed by ENGEL & VOLKERS OTTAWA, Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
491 Mcleod Street, Ottawa Centre, ON K1R 5P7