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548 Maclaren Street

548 Maclaren Street

Ottawa Centre, ON

  • 3,864 sqft
  • Investment
  • 82 days on market
$1,595,000

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.

Listing Details

Taxes (2026)
$12,952
Listed
June 24, 2026

Price History

Listing history

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Property

Lot Size
36.03 x 109 Feet

Parking

Garage
None

Location & Legal

Cross Street
MacLaren St & Lyon St
Zoning
N4B
Parcel Number
041200097
Possession
Flexible
Occupancy
Tenant

Included

Inclusions
5x Fridges, 5x Stove, 2x Washer, 2x Dryer
Exclusions
Tenant Belongings
Rental Items
Hot Water Tank

Community

Postal area K1R

Population
20,343
Private dwellings
12,836
Median age
36
Average household size
1.7
Median household income
$74,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Ottawa Centre · last 12 months

Median sold price
$448,500
Homes sold
374
Median days on market
34
Sale-to-list price
97.1%

Based on 374 recorded sales of commercial properties in Ottawa Centre over the last 12 months.

Listed by

ROYAL LEPAGE TEAM REALTY

Walk Score

98

Walk

86

Transit

98

Bike

Scores by Walk Score®

Commercial figures

Building area
3,864 sq ft
Price per sq ft
$412.78
Annual property tax
$12,952
Tax per sq ft
$3.35

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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Reita said:

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