Apartment buildings for sale in Ottawa

491 Mcleod Street, Ottawa Centre

2 to 5 units
Listed by ENGEL & VOLKERS OTTAWA
Updated July 15, 2026
$1,099,000
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Details from the listing

Property taxes$8,570 (2025)
Lot size33 × 99 ft
OccupancyTenant
HeatWater, Gas

From the listing

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.

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Listings refreshed October 1, 2026 at 12:25 a.m. ET