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$524,900
Available - For Sale
Listing ID: X12310461
Calling all contractors, renovators and investors! This Centretown classic offers endless potential in an unbeatable location. With over 1,400 sq. ft. above grade plus an additional 700+ sq. ft. in the basement (per MPAC), this property is a rare opportunity to create your dream home or a profitable investment in the heart of Ottawa. The welcoming covered front porch leads to a spacious main level featuring hardwood floors, large living & dining areas, space for a full kitchen, and dual staircases connecting to the upper level where you'll find three generously sized bedrooms & a full bathroom. Off the kitchen is an additional sealed entrance/exit that could be reopened for multi-unit development and enable alternate access to the backyard for BBQs & outdoor living. Owned by the same family for more than 75 years, this home is filled with history and character, including original baseboards, trim and decorative mouldings that speak to its timeless charm. Perfectly situated on a quiet, tree-lined street, and merely steps away from local shops, restaurants, grocery stores, schools, parks and transit, this home boasts a Walk Score of 97 and offers easy access to Bronson Avenue, the Queensway, and downtown. McNabb Park-Arena-Recreation Centre is just a 6-minute walk, and Parliament Hill is only a 10-minute bike ride. This property offers the perfect blend of convenience & privacy found in urban living. Being sold "as-is", "where-is" by POA. Windows & siding (2003), roof shingles (2019) and an oil furnace (approx. 2019). Natural gas serves the street, making potential conversion a breeze! With R4UD zoning under the current bylaw (and N4B under the draft bylaw), and no heritage designation, the possibilities are endless: restore its original charm, reconfigure the layout or redevelop as a duplex or multi-unit property for rental income or multi-generational living. Don't miss this opportunity to invest in one of Ottawa's most desirable downtown neighbourhoods!
Price $524,900
Taxes: $4,446.8
Assessment Year: 2025
Occupancy by: Vacant
Address: 501 Mcleod Stre , Ottawa Centre, K1R 5P9, Ottawa
Directions/Cross Streets: Bay and McLeod
Rooms: 8
Bedrooms: 3
Bedrooms +: 0
Washrooms: 1
Family Room: T
Basement: Exposed Rock
Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Basement Utility R 31.91 17.42
Room 2: Basement Cold Room 8.33 6.95
Room 3: Main Foyer 10.14 6.56
Room 4: Main Living Ro 11.91 10.53
Room 5: Main Dining Ro 12.53 14.20
Room 6: Main Kitchen 10.96 17.61
Room 7: Upper Primary B 9.91 17.42
Room 8: Upper Bedroom 2 10.59 10.43
Room 9: Upper Bedroom 3 10.96 13.84
Room 10: Upper Bathroom 6.10 6.66
No. of Pieces Level
Washroom 1:  3 Upper
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  3 Upper
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  3 Upper
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  3 Upper
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  3 Upper
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Property Type: Detached
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: Detached
(Parking/)Drive: Lane, Priv
Drive Parking Spaces: 2
Park #1
Parking Type: Lane, Priv
Park #2
Parking Type: Lane
Park #3
Parking Type: Private
Pool: None
Approximatly Square Footage: 1100-1500
Property Features: Park
Public Transit
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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INNOVATION REALTY LTD.

501 Mcleod Stre , Ottawa Centre, K1R 5P9, Ottawa


 
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At a Glance:
Type: Freehold - Detached
Area: Ottawa
Municipality: Ottawa Centre
Neighbourhood: 4103 - Ottawa Centre
Style: 2-Storey
Lot Size: x 66.00(Feet)
Approximate Age:
Tax: $4,446.8
Maintenance Fee: $0
Beds: 3
Baths: 1
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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