Discover a rare investment opportunity in the heart of Centretown, Ottawa, with this charming, updated Fourplex. Built in 1936, this property offers a perfect blend of timeless character and modern updates. Featuring four spacious two-bedroom units, each approximately 860 square feet. Ideal for investors or those seeking a home with rental income potential.The building showcases hardwood flooring and solid wood accents, adding warmth and style throughout. Updated kitchens and bathrooms provide modern comfort, with one unit currently vacant and active for lease at market rent. The remaining units offer steady rental income, with tenants benefiting from the added convenience of coin laundry and parking options, including laneway parking for Units 2 and 3 and street permits for Units 1 and 4. Located in the vibrant Centretown neighbourhood, this property is steps from shops, restaurants, schools, parks and public transit, making it highly appealing to tenants. Whether you're looking for a solid investment or a property to call home, this Fourplex combines location, charm, and income potential.Viewing of Unit 2 (vacant) & exterior on first visit. 24 hours irrevocable on offers.
Pending
C$1,438,000
465 McLeod St, Ottawa, ON K1R 5P5
8beds
4baths
Quadruplex
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Spacious two-bedroom unitsHardwood flooringSolid wood accentsUpdated kitchens
- 33 days
- on Zillow |
- 72 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: July 18, 2025 at 08:42am
Listed by:
INNOVATION REALTY LTD.
Source: TRREB,MLS®#: X12244374
Originating MLS®#: Ottawa Real Estate Board

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- None
Features
- Separate Hydro Meter, Separate Heating Controls
- Flooring: Carpet Free
- Basement: Full
- Has fireplace: Yes
Interior area
- Living area range: 2500-3000 null
Video & virtual tour
Property
Parking
- Total spaces: 2
Features
- Stories: 3
- Pool features: None
- Has view: Yes
- View description: Downtown
Lot
- Size: 2,399.16 Square Feet
- Features: Rectangular Lot
Details
- Additional structures: Shed, Workshop
- Parcel number: 041200337
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick, Aluminum Siding
- Foundation: Concrete
- Roof: Flat
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Ottawa
Financial & listing details
- Annual tax amount: C$10,713
- Date on market: 6/25/2025
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