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Saturday, August 8th, 2026

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$1,696,000
Available - For Sale
Listing ID: X13477716
This majestic Victorian classic is beautifully situated upon a prime 58 ft lot at 475 MacLaren. One of the finest streets in downtown Ottawa 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 38 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.
Price $1,696,000
Taxes: $15,302.16
Tax Type: Annual
Occupancy by: Tenant
Address: 475 MacLaren Street , Ottawa Centre, K1R 5K5, Ottawa
Postal Code: K1R 5K5
Province/State: Ottawa
Legal Description: LT 26, PL 27267 , N/S MACLAREN ST ; OTTA
Directions/Cross Streets: Bank & Kent
No. of Pieces Level
Washroom 1:  0
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Washroom 44:  0
Washroom 45:  0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 4,670
Total Area Code:  Square Feet
Area Influences: Major Highway   Public Transit
Maintenance: 0
Water Expense: $2706
Net Income Before Debt: $70300
Expenses Actual/Estimated: $Act
Sprinklers: No
Heat Type: Water Radiators
Central Air Conditioning: Partial
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LPT REALTY

475 MacLaren Street , Ottawa Centre, K1R 5K5, Ottawa

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Com - Investment
Area: Ottawa
Municipality: Ottawa Centre
Neighbourhood: 4103 - Ottawa Centre
Style:
Lot Size: x 109.75(Feet)
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Tax: $15,302.16
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com