475 MacLaren Street
Ottawa Centre, ON
- 8 bed
- 6 bath
- approx. 3500-5000 sqft
- Multiplex
- 36 days on market
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 $72,000 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.
Listing Details
- Taxes (2025)
- $15,302
- Listed
- August 14, 2026
Price History
Listing history
Sign in to view
Property
- Style
- 3-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Interior
- Storage
- Lot Size
- 57.95 x 109.75 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 3
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Bank & Kent
- Zoning
- R4T[733]
- Parcel Number
- 041200063
- Possession
- Immediate
- Occupancy
- Tenant
Included
- Inclusions
- 5 Fridges, stoves, and dishwashers, 2 clothes washers, 2 clothes dyers, 7 window mounted air conditioners
- Exclusions
- None
- Rental Items
- None
Schools
Secondary
- Richard Pfaff Secondary Alternate Site0.5 km
Public · Ottawa-Carleton DSB · 225 students
- Urban Aboriginal Alternate High School0.7 km
Public · Ottawa-Carleton DSB
- École secondaire catholique Saint-Jean-Baptiste0.9 km
French Catholic · CSDC du Centre-Est de l'Ontario
Elementary
- Richard Pfaff Intermediate School0.5 km
Public · Ottawa-Carleton DSB
- Centennial Public School0.5 km
Public · Ottawa-Carleton DSB · 290 students
Grade 3 reading: 29% met the provincial standard · Grade 6 math: 32% met the provincial standard
- Glashan Public School0.6 km
Public · Ottawa-Carleton DSB · 315 students
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
- $442,500
- Homes sold
- 379
- Median days on market
- 32
- Sale-to-list price
- 97.1%
Based on 379 recorded sales of residential freehold properties in Ottawa Centre over the last 12 months.
Listed by
LPT REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$339,200
Estimated Monthly Payment
$8,332
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
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $8,332/mo (20% down, 5.5%)
Taxes: $1,275/mo · Insurance: $424/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?