Space
Finished area and layout
- Living Area
- 4,670 sqft
- Building Area
- 4,670 sqft
- Bedrooms
- 8
- Bathrooms
- 6
+42 more
8
Bedrooms
6
Bathrooms
4,670 sqft
Living Area
58 x 109.8 FT
Lot
3
Parking
Property Snapshot
Key details for this listing
MLS #X13691960
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
About This Property
This 8-bedroom, 6-bathroom multi-family in Ottawa offers 4,670 sqft of living area on a 58 x 109.8 FT lot. 3 storeys. The home features natural gas heating, window air conditioner, a partially finished, partial basement, a fireplace.
MLS Remarks
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 $79,000 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. (id:60351)
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