Salehian.com 647-325-5000

548 Maclaren Street

4103 - Ottawa Centre, Ottawa Centre, K1R 5K7

$1,525,000

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Listed 82 days ago · MLS® X13622156

About this home

Rare five-unit investment opportunity in the heart of Centretown! This income-producing multifamily property offers an excellent unit mix, featuring one spacious 3-bedroom, 2-bathroom unit with in-suite laundry and four 1-bedroom, 1-bathroom units, making it an attractive option for both investors and tenants. Ideally located in one of Ottawa's most sought-after urban neighbourhoods, this property is just steps from vibrant shops, restaurants, cafés, parks, and public transit. Its prime location provides tenants with exceptional walkability and easy access to downtown, government offices, and major employment hubs. With strong rental demand, multiple income streams, and long-term appreciation potential, this property presents a compelling opportunity to expand your investment portfolio or add a quality asset to your holdings. Whether you're a seasoned investor or entering the multifamily market, this well-positioned property offers both stability and growth potential.

Details

Type
Investment
Lot
36.03 × 109 ft
Garage
None
Property tax
$12,952 (2026)
Neighbourhood
4103 - Ottawa Centre
Municipality
Ottawa Centre

Heating, cooling and services

Heating
Radiant
Utilities
Yes

Building and exterior

Building area
3,864 Square Feet

More

Possession
tbd
Cross street
MacLaren St & Lyon St

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 LRT12 min walk
  • 🚇 Parliament LRT15 min walk

Within a 10-minute walk: 8 grocery stores, 202 cafés and restaurants, 10 parks, 20 pharmacies. Nearest grocery: La Tiendita Latin Goods Mart (300 m). Nearest park: Dundonald Park (50 m).

Schools nearby

Elementary

  • Centennial Public School
    EQAO: Gr 6 reading 79%, math 32%    7 min walk
  • Cambridge St Community Public School
    EQAO: Gr 6 reading 77%, math 23%    10 min walk
  • St. Anthony School Catholic
    EQAO: Gr 6 reading 70%    14 min walk
  • Elgin Street Public School
    EQAO: Gr 6 reading 96%, math 84%    14 min walk

Secondary

  • Reality Check5 min walk
  • Richard Pfaff Secondary Alternate Program5 min walk
  • St. Patrick's Adult School Catholic6 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: 1 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

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.

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

Listed by ROYAL LEPAGE TEAM REALTY.

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

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