475 MacLaren Street

ActiveOttawa Centre · 4103 - Ottawa Centre44 days on marketMLS® X13477716

$1,696,000

$363 / sq ft

Bedrooms0

Bathrooms0

Interior4,670 sq ft

TypeCommercial

ListingFor Sale

Days on Market44

About this property

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.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X13477716
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	4,670 sq ft
Beds / Baths	0 bed · 0 bath
Neighbourhood	4103 - Ottawa Centre
City	Ottawa Centre
Postal Code	K1R 5K5
Province	ON
Listed Date	June 23, 2026
Days on Market	44
Price per Sq Ft	$363
Brokerage	LPT REALTY