Sold for:Sold Jul 30, 2025
$1,438,000

465 Mcleod Street

Ottawa (Ottawa Centre), ON K1R 5P5

Multiplex SoldNot available

This home has sold. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for 465 Mcleod Street, Ottawa, Ottawa Centre

2025-06-25
2025-07-30
Sold
Price
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MLS#
x12244374
2025-06-17
2025-07-12
Rented
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 465 Mcleod Street, Ottawa, Ottawa Centre

Discover a rare investment opportunity in the heart of Centretown, Ottawa, with this charming, updated Fourplex. Built in 1936, this property offers a perfect blend of timeless character and modern updates. Featuring four spacious two-bedroom units, each approximately 860 square feet. Ideal for investors or those seeking a home with rental income potential.The building showcases hardwood flooring and solid wood accents, adding warmth and style throughout. Updated kitchens and bathrooms provide modern comfort, with one unit currently vacant and active for lease at market rent. The remaining units offer steady rental income, with tenants benefiting from the added convenience of coin laundry and parking options, including laneway parking for Units 2 and 3 and street permits for Units 1 and 4. Located in the vibrant Centretown neighbourhood, this property is steps from shops, restaurants, schools, parks and public transit, making it highly appealing to tenants. Whether you're looking for a solid investment or a property to call home, this Fourplex combines location, charm, and income potential.Viewing of Unit 2 (vacant) & exterior on first visit. 24 hours irrevocable on offers.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$10,713
Land Transfer Tax Fee
$25,235

Basement Type
Full

Interior Features

Laundry Level
Lower Level
Interior Extras
Carpet Free, Separate Hydro Meter, Separate Heating Controls
View
Downtown
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
None
Other Structures
Shed, Workshop

Building

Building Type
Multiplex
Building Style
3-Storey
Approx Age
51-99

Construction

Exterior Finish
Brick, Aluminum Siding
Roof
Flat
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
34.22 ft
Lot Depth
69.91 ft
Lot Size
2399.16
Lot Shape
Rectangular

Inclusions

Inclusions
4 Fridges, 4 Stoves, 4 Hood Fans, 4 Hot Water Tanks, 1 Washer, 1 Dryer, Shed, All Attached Lights

Exclusions

Exclusions
Tenant's Belongings

Parking & Garages

Garage Type
None
Garage Spaces
2
Parking Spaces
2
Total Garage And Parking Spaces
2

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
8
Washrooms
4
Kitchens
4

Washrooms

  • 3-piece

Municipality
Ottawa
Neighbourhood
Ottawa Centre
Main cross streets
McLeod & Lyon
Directions
From Kent, turn W on McLeod, (one way street) property is on the right

MLS® number
X12244374
Data source
Toronto Regional Real Estate Board
Status change
2025-07-30
Listed on
2025-06-25
Days on market
35 days
Possession date
2025-07-31
Possession type
Flexible
Co-op commission
2% plus HST
Seller
Listed by
INNOVATION REALTY LTD.

Home Market Value

Current home valuation for 465 Mcleod Street, Ottawa, Ottawa Centre, Ottawa, ON. Listed for $1,438,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 465 Mcleod Street, Ottawa, Ottawa Centre

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Ottawa, ON
Minimum Down Payment Required:8.3%

5% on first $500K + 10% on $938,000 over $500K

Minimum down payment

$118,800

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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%
$
+CMHC insurance
$52,746$40,120$34,224$0
=Total mortgage
$1,371,392$1,334,320$1,256,524$1,150,400
Amortization
Mortgage rate
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%
%
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Payment frequency
=Mortgage payment
$6,696monthly$6,515monthly$6,135monthly$5,617monthly
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Land Transfer Tax

Provincial

$25,235

Total Land Transfer Tax

$25,235

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