Multi-unit
$884,900
360 Gilmour Street
Ottawa Centre, Ottawa
- 4 bd
- 4 ba
- Duplex
1 / 24
$1,099,000
491 Mcleod Street
Ottawa Centre, Ottawa, ON K1R5P7 · MLS® X13567264
- 5Bedrooms
- 3Bathrooms
- 2Parking
About this property
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. (id:65933)
- Type
- Triplex
- Category
- Multi-family
- Annual taxes
- $8,570
- Updated
- Jul 15, 2026
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.
Listed by Engel & Volkers Ottawa.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.
