491 MCLEOD STREET, Ottawa
$1,099,000
For sale: Multiplex
- Property type
- Triplex
- Bedrooms / bathrooms
- 5 bedrooms, 3 bathrooms
- Living area
- 3,000 sqft
- MLS®
- MLS® X13567264
- Neighbourhood
- 4103 - Ottawa Centre
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.
Sold data
Multiplex homes in Ottawa — recent sold market
Multiplex homes in Ottawa took a median of 40 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 67, across 42 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.
The median sale price was $884,450.
Homes sold for about 2.6% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 12% of sellers reduced their price before finding a buyer.
- Median days to sell
- 40
- Median sale price
- $884,450
- Sale-to-list ratio
- 97.4%
- Sold above asking
- 7%
Based on 42 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Ottawa
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
- Rated schools
- 217
- Elementary
- 174
- Secondary
- 43
- Average rating
- 6.2 / 10
Top-rated schools in Ottawa
- Hopewell Avenue — elementaryFraser rating 8.5/10
- Agincourt Road — elementaryFraser rating 8.4/10
- First Avenue — elementaryFraser rating 8.4/10
- Nepean — secondaryFraser rating 8.3/10
- Elmdale — elementaryFraser rating 8.2/10
- Jean-Robert Gauthier — elementaryFraser rating 8.2/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 491 MCLEOD STREET
$1,099,000
Multiplex632,000–2,500 sqft451 & 453 - 453 CATHERINE STREET N, 4103 - Ottawa Centre, Ottawa
$1,150,000
Multiplex8+232,000–2,500 sqft3 HILDA STREET, 4202 - Hintonburg, Ottawa
$1,098,800
Multiplex421,100–1,500 sqft169 FLORENCE STREET, 4103 - Ottawa Centre, Ottawa
$1,180,000
Multiplex442,500–3,000 sqft86 FOURTH AVENUE, 4402 - Glebe, Ottawa
$1,199,000
Multiplex4+241,500–2,000 sqft10 SHERBROOKE AVENUE, 4203 - Hintonburg, Ottawa
$889,000
Multiplex7+132,500–3,000 sqft1197 MAITLAND AVENUE, 5405 - Copeland Park, Ottawa
$949,000
Multiplex642,500–3,000 sqft1991 BANFF AVENUE, 3803 - Ellwood, Ottawa
$1,150,000
Detached5+221,100–1,500 sqft668 FRASER AVENUE, 5105 - Laurentianview, Ottawa