548 MACLAREN STREET, Ottawa

$1,525,000

For sale: Multiplex

Multiplex at 548 MACLAREN STREET, Ottawa
Property type
Investment
MLS®
MLS® X13622156
Neighbourhood
4103 - Ottawa Centre

Rare five-unit investment opportunity in the heart of Centretown! This income-producing multifamily property offers an excellent unit mix, featuring one spacious 3-bedroom, 2-bathroom unit with in-suite laundry and four 1-bedroom, 1-bathroom units, making it an attractive option for both investors and tenants. Ideally located in one of Ottawa's most sought-after urban neighbourhoods, this property is just steps from vibrant shops, restaurants, cafés, parks, and public transit. Its prime location provides tenants with exceptional walkability and easy access to downtown, government offices, and major employment hubs. With strong rental demand, multiple income streams, and long-term appreciation potential, this property presents a compelling opportunity to expand your investment portfolio or add a quality asset to your holdings. Whether you're a seasoned investor or entering the multifamily market, this well-positioned property offers both stability and growth potential.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.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 548 MACLAREN STREET