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475 MacLaren Street
4103 - Ottawa Centre Ottawa Centre K1R 5K5

$1,696,000 /For Sale
Commercial

Main Photo: 475 MacLaren Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13477716
Photo 1: 475 MacLaren Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13477716
Photo 2: 475 MacLaren Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13477716
Photo 3: 475 MacLaren Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13477716
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Photo 6: 475 MacLaren Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13477716
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Photo 47: 475 MacLaren Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X13477716
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13477716
Bus Major:
Apts - 2 To 5 Units
This majestic Victorian classic is beautifully situated upon a prime 58 ft lot at 475 MacLaren. One of the finest streets in the heart of Centretown 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 28 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 $70,000 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.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
3706 sq. ft. Square Feet
Total Area:
3,706 sq. ft.
Lot Depth:
109'9"
Lot Frontage:
57'11"
Water supply:
Municipal
Zoning:
R4T[733]
Heating type:
Water Radiators
Garage:
None
Parking Spaces:
3
Possession Details:
Immediate
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$15,302.16 / 2025
Assessment:
$- / -
Ottawa
Ottawa Centre
4103 - Ottawa Centre
Major Highway, Public Transit
No
none
5 Fridges, stoves, and dishwashers, 2 clothes washers, 2 clothes dyers, 7 window mounted air conditioners
none
Utilities:
Yes
Air Conditioning:
Partial
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Gross income:
$101,971.8
Net Income Before Debt:
$70,300
Expenses Actual/Estimated:
Actual
Heating Expenses:
$3,710.49
Hydro Expenses:
$3,472.77
Insurance Expenses:
$5,746.68
Tax Expenses:
$15,302.16
Operating Expenses:
$31,637.98
Water Expenses:
$2,705.88
Year Expenses:
31637
Maintenace Expenses:
$700
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Date Listed:
Jun 23, 2026
Original Price:
Previous Price:
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Listed by LPT REALTY
Data was last updated June 24, 2026 at 04:15 AM (UTC)
DARYL  KING
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