491 Mcleod Street
Ottawa Centre, ON
- 5 bed
- 3 bath
- approx. 2500-3000 sqft
- Triplex
- 57 days on market
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.
Listing Details
- Taxes (2025)
- $8,570
- Listed
- July 15, 2026
Price History
Listing history
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Property
- Style
- 3-Storey
- Construction
- Stucco (Plaster), Aluminum Siding
- Roof
- Asphalt Shingle, Tar and Gravel
- Foundation
- Stone
- Interior
- Separate Hydro Meter
- Lot Size
- 33 x 99 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 0
- Total Parking
- 2
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Lyon
- Parcel Number
- 041200318
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- 3 fridges, 3 stoves, 2 dishwashers, 3 hood fans, coin operated washer and dryer
- Exclusions
- tenants belongings
- Rental Items
- hot water tanks (3)
Schools
Secondary
- Richard Pfaff Secondary Alternate Site0.3 km
Public · Ottawa-Carleton DSB · 225 students
- Glebe Collegiate Institute0.9 km
Public · Ottawa-Carleton DSB · 1315 students
Grade 10 literacy: 93% met the provincial standard
- École secondaire catholique Saint-Jean-Baptiste0.9 km
French Catholic · CSDC du Centre-Est de l'Ontario
Elementary
- Richard Pfaff Intermediate School0.3 km
Public · Ottawa-Carleton DSB
- Glashan Public School0.4 km
Public · Ottawa-Carleton DSB · 315 students
- Cambridge Street Community Public School0.6 km
Public · Ottawa-Carleton DSB · 95 students
Grade 6 math: 23% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
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
Residential Freehold in Ottawa Centre · last 12 months
- Median sold price
- $450,000
- Homes sold
- 371
- Median days on market
- 32
- Sale-to-list price
- 97.1%
Based on 371 recorded sales of residential freehold properties in Ottawa Centre over the last 12 months.
Listed by
ENGEL & VOLKERS OTTAWA
Walk Score
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Location
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Mortgage Calculator
$219,800
Estimated Monthly Payment
$5,399
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
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Mortgage: $5,399/mo (20% down, 5.5%)
Taxes: $714/mo · Insurance: $275/mo
Estimates only. Consult a financial advisor.
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