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$1,595,000

Est. payment - /mo

8 Beds

4 Baths

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 4103 - Ottawa Centre

MLS Listing ID X12592452

Style 3-Storey

Bedrooms 8

Annual Tax Amount $12,775

Tax Year 2024

Property Sub-Type Fourplex

Property Description

Elegant, purpose-built red-brick Victorian 4-unit across from Dundonald Park in the heart of Centretown. MacLaren is one of the finest streets in the heart of Centretown with a delightful canopy of trees and remarkable homes and properties of architectural distinction. Family-owned and exceptionally maintained with $200K+ in recent capital improvements, this turn-of-the-century building combines historic charm with modern building systems. Major upgrades include Roman-cement foundation repointing, pond-liner membrane, new weeping tile, 2 layers of SM insulation, attic to R40+, new roof (2025), interlock (2025), updated landscaping, and new high-efficiency IBC boiler (2024) with Danfoss thermal controls. Electrical is modern (1992) with 5 meters and hardwired smoke detectors. The four units feature a mix of high ceilings, hardwood floors, updated kitchens and baths, split-phase AC in 2 of the units, and efficient hydronic heat. Unit 1 is a spacious 3-bed with private deck, triple-glazed windows, renovated bathroom, in-unit laundry, and extensive insulation upgrades. Unit 2 offers 3 bright bedrooms, a front porch, updated finishes, and hardwood (2021). Unit 3 is a stylish 2-bed open-concept with quality hardwood and stainless appliances. Unit 4 is a one-bed plus den lower-level with hot-water radiators. This property includes a welcoming lobby with woodwork and shared laundry, reinforced fire escape, two storage sheds, and parking for 3 cars. Nicely landscaped yards with a rear deck and patio, river-stone drainage, cedar fencing, mature tree canopy, and attractive east-side interlock. The economics here are compelling to be sure, and worthy of a discussion. See photo gallery and 3D virtual tour. Indeed 542 MacLaren Street is a rare, turnkey investment steps to Somerset (Tim's, restaurants, etc), Bank St., The Hill., LRT transit, bike lanes, 5minute walk to IGA grocery store and other distinct and valued urban amenities. A signature Centretown asset - built to last.

Location

Province ON

County Ottawa

Community 4103 - Ottawa Centre

Area Ottawa

Zoning Residential R3

Rooms

Family Room No

Basement Apartment, Full, Finished

Kitchen 4

Separate Den/Office 2

Interior

Interior Features Carpet Free, Intercom, Separate Hydro Meter, Water Heater Owned

Cooling Wall Unit(s)

Fireplaces Number 1

Fireplaces Type Natural Gas

Inclusions 4 Fridges, 4 Stoves, 1 Microwave, 2 Washers, 2 Dryers, 1 Window A/C Unit

Exterior

Exterior Feature Deck, Landscaped, Patio, Porch

Parking Features Front Yard Parking, Tandem

Pool None

Roof Type Asphalt Rolled,Flat,Membrane

Lot Frontage 42.3

Lot Depth 109.1

Total Parking Spaces 3

Building

Building Age 100+

Foundation Stone

Others

Senior Community No

Security Features Smoke Detector

ParcelsYN No

Virtual Tour https://my.matterport.com/show/?m=UM5v2xLRizZ

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Listed by LPT REALTY

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+1(613) 707-9804

Realtor | License ID: 4757672

Realtor License ID: 4757672

542 MACLAREN ST W Ottawa Centre, ON K1R 5K7

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Key Details

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Interior

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542 MACLAREN ST W