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$970K · 14 bed Other · 489 Maclaren Street, Ottawa, Ontario K1R 5K5 | HomeSearchCanada

$969,900

489 Maclaren Street

229 DOM

144229d

Map

⚡ Insider Deal

DOM 229

↓ $180KMotivated SellerPrice Reduced

$969,900

↓ $180KMotivated Seller

DOM229days

489 Maclaren Street

Ottawa · Ontario K1R 5K5

MLS® X12673820 · 4103 - Ottawa Centre · K1R 5K5

144TenantOccupied3000-3500 ft²OtherNone229d$298/ft²Lot 41.5 x 110 ft$11,196 tax/yr

229 days on market

About this home

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 t…

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Property details

MLS#: X12673820
Status: Buy Now
Property class: Residential Freehold
Beds: 14
Baths: 4 full, 0 half
Rooms: 12
Kitchens: 4
Size: 3000-3500Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: —
Style: 3-Storey
Type: Other
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

PIN: 041200061
Roll / ARN: 061404200110900

Occupancy: Tenant Occupied
Washrooms: 3 pc; 3 pc; 4 pc; 4 pc
Central vacuum: No
Ensuite laundry: No

Roof: Asphalt Shingle
Foundation: Stone

Garage: None
Garage spaces: 0
Parking: 8 total
Lot: 41.5 × 110
Heating: —
Heating fuel: —
Cooling: —
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Brick, Wood
Fronting on: North
Cross street: Kent Street
Stories: —
Utilities: —
Laundry: —
Interior: None
Parking features: —

Additional listing data

ListAOR: Ottawa Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

↓ $180KPrice reduction

MLS shows the seller reduced the asking price by $180,000 (from $1,149,900 to $969,900).

Motivated SellerWhy this label

229 days on market — Listing has been active for 229 days — extended time on market can signal seller pressure.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: ROYAL LEPAGE TEAM REALTY

Source: TRREB/PROPTX · MLS® X12673820

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$970K

489 Maclaren Street · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $969,900✓ $11,196 tax✓ 3000-3500 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$7,784/mo

incl. closing costs (yr 1)

Annual total

$93,412

year 1

Mortgage only

$3,680/mo

principal + interest

Beyond mortgage

$2,324/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$193,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$933/mo

Utilities

Hydro / electricity$228/mo

≈ $0.07/ft² × ~3,250 ft² · ON avg ~$228/mo · assumes gas heat

Natural gas (assumed)$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$9,699/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$15,873

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)47% $44,154/yr

Property taxes29% $27,069/yr

Utilities6% $5,790/yr

Insurance & security2% $1,600/yr

Maintenance10% $9,699/yr

Closing costs5% $5,100/yr

Mortgage is 47% of your true cost of ownership. The other 53% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$44,154	$3,680/mo
Government & taxes
Property tax	$11,196	$933/mo
Land transfer tax(closing)	$15,873	$1,323/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$2,730	$228/mo
Natural gas (assumed)	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$9,699	$808/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$93,412	$7,784/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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489 Maclaren Street

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs