489 MACLAREN STREET
Ottawa · K1R5K5
$969,900
About this residence
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. (id:61366)
Property details
- Property type
- Single Family
- Style
- Other
- Bedrooms
- 14 (14 above)
- Bathrooms
- 4
- Storeys
- 3
- Living area
- 3,000–3,500 sq ft
- Lot size
- 41.5 x 110 FT
- Frontage
- 41.6 feet
- Parking
- 8 spaces
- Annual tax
- $11,196
- MLS®
- X12673820
- Board
- Ottawa
- Status
- Active
- Listed
- Jan 7, 2026
- Updated
- Jun 22, 2026
Features & finishes
Exterior
- Brick
- Wood
Foundation
- Stone
Parking
- No Garage
Financing
Estimated monthly payment
$4,536/mo
Loan amount
$775,920
Down payment
$193,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Ottawa
Nearby
About the area
Census · K1R- 20,343
- Population
- 36
- Median age
- $74,000
- Median income
- $532,000
- Median home value
- 31%
- Home ownership
- 23 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 489 MACLAREN STREET?
489 MACLAREN STREET is listed for $969,900, in Ottawa.
How many bedrooms and bathrooms does 489 MACLAREN STREET have?
It offers 14 bedrooms and 4 bathrooms.
What type of home is 489 MACLAREN STREET?
489 MACLAREN STREET is a Single Family, Other set over 3 storeys.
How large is 489 MACLAREN STREET?
The home offers approximately 3,000–3,500 sq ft of living space on a lot measuring 41.5 x 110 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $4,536. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $11,196 per year.
Is there parking?
Yes — 489 MACLAREN STREET includes 8 parking spaces.
What is the Ottawa area like?
Ottawa has a population of about 20,343, a median age of 36, a 31% home-ownership rate, with an average commute of about 23 minutes.
What is the average home value in Ottawa?
The median dwelling value in this area is approximately $532,000, based on census data via Neighbourly.
What is the median household income in Ottawa?
The median household income in this area is approximately $74,000.
Similar residences
Comparable Other near Ottawa at a similar price.
Private viewings
Arrange a private viewing of 489 MACLAREN STREET.
Our advisors offer discreet, personal guidance from first viewing through to closing. We’d be delighted to assist.