543 Mcleod Street, Ottawa, K1R5R2

Home Overview

Description

543 McLeod Street offers a rare turnkey four-unit brick property in Ottawa's high-demand Centretown, ideal for investors seeking stable rental income and minimal ongoing maintenance. Owned and cared for by the same landlord since 2003, the building has been meticulously maintained and upgraded for longevity and compliance. All four self-contained units are bright, well-kept, and tenant-appealing, each with separate hydro and egress provisions. The building has two 1-bedroom and two 2-bedroom layouts, all with in-unit laundry, full kitchens with granite, and gas fireplaces. Upgrades include stone restoration (2015), brick restoration (2024), foundation waterproofing (2020 & 2022), a rebuilt front porch (2021) and staircase, a paved driveway, and professional landscaping with river stone accents. The property provides private driveway access and parking for at least four vehicles at the rear. Unit 1 is a wonderful 2-bedroom apartment modernized in 2012, offering a modern kitchen with black granite counters and an open living area. Unit 2, located on the second level and modernized in 2021, is a spacious two-bedroom with an updated bathroom and access to the front porch. Unit 3, modernized in 2009, is a very bright and airy one-bedroom apartment that occupies the full top floor and has a private entrance and skylight. Unit 4, found on the lower level and modernized in 2022, has one bedroom with a separate entrance and abundant natural light. With strong tenant appeal, low maintenance requirements, and a prime central location, 543 McLeod Street is a solid addition to any investment portfolio. (id:39198)

16 days

On Market

Multi-family

Property Type

$10,691 / Year

Est. Taxes

Fourplex

Style

-

Garage

Finished, Full

Basement

Location & Areas