For Sale
489 Maclaren Street
4103 - Ottawa Centre, Ottawa Centre, ON
$1,075,000
14Bd
4Ba
3,250+sqft
8Parking
41.5 x 110 ftlot
$331/sqft
DetachedMLS# X12673820Listed 2026-01-07106 DOM
On the market for 106 days — longer than average. The seller may be open to negotiation.
About this home
Legal Licensed Rooming House | Prime Central Ottawa Location. An excellent investment opportunity in the heart of Ottawa! This legally licensed rooming house features 12 rental rooms situated on a spacious lot with approximately 6-7 parking spaces, a rare find in this central location. Nestled in Ottawa Centre, this property is within walking distance to the vibrant downtown core, Elgin Street, and Somerset Village, offering easy access to top-tier restaurants, shops, entertainment, and public transit. Whether you're an investor seeking reliable rental income or looking to expand your real estate portfolio, this centrally located, fully licensed property delivers both convenience and potential.
Features
- None
- 3-Storey
Financials
Annual Taxes
$11,196
Estimated Rental Income
Entire property$4,500 – $7,000/mo
Rental yield5.0% – 7.8%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Ottawa Centre
Days on market106 days
Buyer's MarketSeller's Market
Based on active listings in Ottawa Centre. Data updates daily.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
60
/ 100
Walk Score
Somewhat Walkable
37
/ 100
Transit Score
Some Transit
54
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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