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466 Maclaren St

5 Unit Apartment Building $961,073 USD ($192,215 USD/Unit) Ottawa, ON K1R 5K6

Investment Highlights

  • 5-unit apartment building
  • Updated boiler, roof, electrical meters
  • Fully leased, easy to manage

Executive Summary

This well-maintained 5-unit apartment building in Centertown offers a rare and highly desirable investment opportunity. Fully leased and easy to manage, this property has undergone significant capital improvements over the past 10 years, including updates to the boiler, roof, driveway, electrical meters, and common areas. The unit interiors have also been refreshed, ensuring minimal maintenance and tenant satisfaction. With 2 parking spaces included, the property provides added value for tenants and is located in a highly sought-after neighborhood. An excellent turn-key investment with stable income potential and long-term growth prospects.

Property Facts

Price $961,073 USD
Price Per Unit $192,215 USD
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.07 AC
Building Size 2,716 SF
Average Occupancy 100%
No. Stories 2
Year Built 1910
Parking Ratio 0.74/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 5 - -
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (88)
Bike Score ®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R4UD(733) (Residential fourth density zone)
R4UD(733) (Residential fourth density zone)
  • Listing ID: 33868879

  • Date on Market: 11/14/2024

  • Last Updated:

  • Address: 466 Maclaren St, Ottawa, ON K1R 5K6

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