542 Maclaren Street

Introducing an exceptional opportunity: a Multi-Family Home for sale in Ottawa , located at 542 Maclaren Street W, Ottawa. This elegant, purpose-built red-brick Victorian multiplex is ideally situated across from Dundonald Park in the vibrant heart of Centretown. The address, 542 Maclaren Street W, Ottawa, is one of the finest streets in the area, renowned for its delightful canopy of trees and remarkable homes, each showcasing architectural distinction.

This impressive three-storey building boasts six bedrooms and two dens, along with four bathrooms, making it an ideal investment for those seeking a Multi-Family Home for sale in Ottawa. The property features a total of 19 rooms, including three kitchens, which provide ample space and versatility for various living arrangements. The additional rooms, totalling six, offer further flexibility for tenants or family members.

As you step inside this family-owned residence, you will immediately appreciate the exceptional maintenance it has received over the years, highlighted by over £200,000 in recent capital improvements. The building, which is over 100 years old, seamlessly combines historic charm with modern building systems. Significant upgrades include a Roman-cement foundation repointing, a pond-liner membrane, new weeping tile, and two layers of SM insulation, ensuring the property remains efficient and well-protected. The attic has been upgraded to R40+, and a new roof is scheduled for completion in 2025, alongside interlock enhancements and updated landscaping.

The heating system features a new high-efficiency IBC boiler, installed in 2024, with Danfoss thermal controls, while the electrical system has been modernised, dating back to 1992 and equipped with five meters and hardwired smoke detectors. The absence of a fireplace and central vacuum system does not detract from the comfort and convenience of this residence. The wall unit air conditioning ensures a pleasant environment during the warmer months.

The four units within this Multi-Family Home for sale in Ottawa offer a mix of high ceilings, hardwood floors, and updated kitchens and bathrooms, catering to a variety of tastes and preferences. Unit 1 is a spacious three-bedroom apartment complete with a private deck, triple-glazed windows, a renovated bathroom, in-unit laundry, and extensive insulation upgrades. Unit 2 features three bright bedrooms, a charming front porch, and updated finishes, including hardwood flooring installed in 2021.

Unit 3 presents a stylish two-bedroom open-concept layout, boasting quality hardwood flooring and stainless steel appliances, while Unit 4 is a cosy one-bedroom plus den located on the lower level, equipped with hot-water radiators for efficient heating. This property also includes a welcoming lobby adorned with exquisite woodwork, shared laundry facilities, a reinforced fire escape, and two storage sheds, ensuring convenience for all residents.

Parking is not an issue, as the property accommodates three cars with front yard tandem parking. The beautifully landscaped yards feature a rear deck and patio, river-stone drainage, cedar fencing, and a mature tree canopy, enhancing the overall appeal of this Multi-Family Home for sale in Ottawa.

In terms of location, 542 Maclaren Street W, Ottawa, is just steps away from Somerset Street, offering easy access to local amenities such as Tim Hortons, various restaurants, and Bank Street. The proximity to LRT transit, bike lanes, and a mere five-minute walk to the IGA grocery store further underscores the convenience of this property.

This signature Centretown asset is built to last and presents a compelling economic opportunity for investors. Don't miss your chance to explore this rare, turnkey investment. For more information, be sure to check the photo gallery and 3D virtual tour. The Multi-Family Home for sale in Ottawa at 542 Maclaren Street W is truly a remarkable find in the heart of the city.

Ottawa Centre, designated as postal code 4103, is a vibrant and diverse urban area nestled in the heart of Canada’s capital city, Ottawa. This community is characterised by its rich tapestry of cultural influences, historic architecture, and green spaces, making it an appealing place for prospective residents. With easy access to public transport, residents can enjoy a bustling lifestyle, with an array of shops, cafes, and restaurants lining its streets. The proximity to major landmarks, such as Parliament Hill and the Rideau Canal, offers a unique blend of urban convenience and natural beauty. Whether you're drawn to the lively arts scene or the welcoming atmosphere, Ottawa Centre presents an inviting option for those looking to immerse themselves in the dynamic spirit of the city.

Schools in the Neighbourhood

This property is ideally located near several reputable schools, making it a great choice for families. The closest option is Centennial Public School, an English-language elementary school offering grades JK to 6, just 0.5 km away, with a solid rating of 4.4. Glashan Public School, also an elementary school for grades 7 to 8, is slightly further at 0.7 km, though it currently has no rating. For secondary education, Glebe Collegiate Institute, located 1.3 km away, has a commendable rating of 7.7. Elgin Street Public School, another elementary option, offers French-language instruction for grades JK to 6 and is 0.9 km from the property, boasting a rating of 7.5. Hopewell Avenue Public School, also French-speaking and offering grades JK to 8, is a bit further at 2.5 km and has an impressive rating of 9. Additionally, St. Anthony School, a Catholic elementary school, is 0.9 km away with a rating of 7.5, while Immaculata High School, a Catholic secondary school for grades 7 to 12, is located 1.6 km away with a rating of 5.8. This diverse range of educational options ensures quality schooling for children of all ages.