2 photos

$1,049,000
ActiveAbout 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
Market Insights for Other in Ottawa
Based on 6 sales in the last 90 days · Showing city-wide data
Buyer’s Market
Properties are sitting longer (avg 56 days). Buyers have more negotiating power and time to decide.
New Listings
6
Avg Days on Market
56 days
Avg Price/Sq Ft
$325
Location
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Cash Flow Analysis
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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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