Turn-key investment property in the heart of Centretown with 5.42% Cap rate! Exceptionally well maintained and fully leased to professionals, this triplex is a rare find in today's market. Offering three spacious units, including two two-bedroom apartments and one one-bedroom-plus-den apartment, each unit features hardwood flooring throughout, updated kitchens and bathrooms, and two units have fireplaces (one gas and one electric). Additional highlights include two parking spots, a detached garage, a fully fenced backyard, coin-operated laundry, and numerous updates including the roof (2017), interlock driveway (2020), gas boiler (2021), composite front deck (2022), front deck railings (2026) and freshly painted stucco exterior (2026). Ideally located just steps from Bank Street's shops, restaurants, cafés, transit, and downtown amenities.
5 bedrooms, 3 bathrooms, about 2,500 sq ft, works out to roughly $440 per square foot. Chat with Zara if you'd like a deeper read on whether this triplex fits your budget and timing.
Inside 491 Mcleod St
Every detail from the listing, in one place.
Type
Triplex
Style
3-Storey
Living space
2500-3000 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
Full, Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
Full · Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
3-Storey
Property class
Triplex
491 Mcleod St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13567264$1,099,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 491 Mcleod St Compares to the Ottawa Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$5,399
/mo
based on the purchase price of $1,099,000
$219,800 cash
$879,200 financed
$740,517 total interest
Principal54%$879,200
Interest46%$740,517
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Ottawa
Other 5–6 bed homes for sale in Ottawa around $1.1M.
Average days on market43Homes sold in about 43 days on average.
Sale-to-list ratio96.9%On average, homes sold below asking.
Active listings254Homes for sale here right now.
Median vs prior 90 days+0.2%Compared with Apr 30 – Jul 29, 2026: prices up.
Based on 143 sales from Jul 29 – Oct 27, 2026 (111 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
491 Mcleod St is listed at $1,099,000 (MLS® X13567264). Summitly updates the price as soon as the MLS® record changes.
Is $1,099,000 a good price for 491 Mcleod St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Ottawa. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 491 Mcleod St changed?
No — 491 Mcleod St is still listed at its original asking price of $1,099,000.
How many bedrooms and bathrooms does 491 Mcleod St have?
491 Mcleod St has 5 bedrooms and 3 bathrooms, with about 2,500–3,000 square feet of living space. It is a triplex in Ottawa.
Is 491 Mcleod St close to transit?
The nearest rapid-transit station is Lyon Station (O-Train Line 1), about 1.1 km (about a 14-minute walk) in a straight line. Pimisi Station is about 1.3 km (about a 16-minute walk), and Parliament Station is about 1.3 km (about a 16-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 491 Mcleod St?
About $5,399 a month — principal and interest on $1,099,000 with 20% down ($219,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 491 Mcleod St compare with other homes in Ottawa?
Its asking price of $1,099,000 is about 150% above the median sold price in Ottawa over the last 90 days, $440,000, across 143 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 491 Mcleod St been sold before?
Summitly has no earlier MLS® sale or lease of 491 Mcleod St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 491 Mcleod St?
491 Mcleod St is in Ottawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 491 Mcleod St been on the market?
104 days — 491 Mcleod St was listed on July 15, 2026.
What is the price per square foot of 491 Mcleod St?
About $366 to $440 per square foot: the asking price of $1,099,000 over the 2,500–3,000 sq ft the listing gives as its size range.
Does 491 Mcleod St have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.
