Salehian.com 647-325-5000

491 Mcleod Street

4103 - Ottawa Centre, Ottawa Centre, K1R 5P7

$1,099,000

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  • 5 bedrooms
  • 3 bathrooms
  • 2 parking
  • 2500-3000 sq ft

Listed 97 days ago · MLS® X13567264

About this home

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.

Details

Type
Triplex
Style
3-Storey
Size
2500-3000 sq ft
Lot
33 × 99 ft
Basement
Full, Unfinished
Garage
Detached
Kitchens
3
Property tax
$8,570 (2025)
Neighbourhood
4103 - Ottawa Centre
Municipality
Ottawa Centre

Interior

Bedrooms
5 above ground
Bathrooms
1 × 3-piece (main), 1 × 3-piece (third), 1 × 4-piece (second)
Rooms
15 above ground
Family room or den
No
Fireplace
Natural Gas, Electric
Features
Separate Hydro Meter

Heating, cooling and services

Heating
Water, Gas
Water and sewer
Sewer

Building and exterior

Style
3-Storey
Exterior
Stucco (Plaster), Aluminum Siding
Roof
Asphalt Shingle, Tar and Gravel
Foundation
Stone
Faces
North

Parking

Total parking
2
Driveway and parking
Private Double

Lot

Size
33 × 99 ft

More

Possession
TBD
Cross street
Lyon

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Lyon LRT18 min walk
  • 🚇 Pimisi LRT1.3 km

Within a 10-minute walk: 7 grocery stores, 137 cafés and restaurants, 11 parks, 16 pharmacies. Nearest grocery: Arya Food Market (50 m). Nearest park: Arlington Park (150 m).

Schools nearby

Elementary

  • Cambridge St Community Public School
    EQAO: Gr 6 reading 77%, math 23%    9 min walk
  • Centennial Public School
    EQAO: Gr 6 reading 79%, math 32%    12 min walk
  • Glebe Montessori School Private13 min walk
  • St. Anthony School Catholic
    EQAO: Gr 6 reading 70%    13 min walk

Secondary

  • Reality Check5 min walk
  • Richard Pfaff Secondary Alternate Program5 min walk
  • First Place Alternate Program5 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K1R

Owners / renters
31% / 69%
Median household income
$74,000
Average age
40
Children under 15
8%
Homes
6% detached, 49% high-rise
Commute by transit
18%
Population
20,343

Languages spoken most at home besides English: Yue (Cantonese) 1.6%, Vietnamese 1.4%, Mandarin 1.2%, Arabic 1%.

Safety

Crime Severity Index for Ottawa police: 52 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Ottawa: 2 km. Transit times · Driving times

Noise 1 source nearby

  • 🛣️ Highway 417350 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (whole home or part of it), with a City host permit. Rural cottage rentals have a separate permit.

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ENGEL & VOLKERS OTTAWA.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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