All ListingsMLS# X12673820
2 photos

$1,049,000
Active489 Maclaren Street, Ottawa, ON· Ottawa Centre
14
Bedrooms
4
Bathrooms
3000-3500
Sq Ft
8 (None)
Parking
About this Property
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.
Listed by ROYAL LEPAGE TEAM REALTY · MLS# X12673820
Features & Details
Property details of 489 Maclaren Street, Ottawa, ON
Property TypeOther
Style3-Storey
Size3000-3500 sq ft
Total Parking8
Market Insights for Other in Ottawa
Based on 2 sales in the last 90 days · Showing city-wide data
New Listings
2
Avg Days on Market
34 days
Avg Price/Sq Ft
$340
Mortgage Calculator
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%
$
Mortgage Payment$5,153/monthly
Principal Amount$839,200
Interest$706,827
Total Payable$1,546,027
Amortization25 years
* Estimate only. Consult a mortgage broker for accurate figures.
Cash Flow Analysis
Mortgage payment$5,153
Mortgage + Expenses$5,153
$
$
$
$
$
Monthly Cash Flow-$5,153
* Estimate only. Consult a mortgage broker for accurate figures.

Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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