House For Sale in Ottawa, ON

634 MacLaren St

$899,000

Large 4 Bedroom Detached Home on Quiet Street

House / Detached House / Duplex For Sale in Ottawa, ON - 4 bed, 3 bathHouse / Detached House / Duplex For Sale in Ottawa, ON - 4 bed, 3 bathHouse / Detached House / Duplex For Sale in Ottawa, ON - 4 bed, 3 bath

The seller will pay a co-operating broker/agent an industry standard commission upon the completion of the sale of property up to a maximum of 2.5% of the final sale amount. The Commission Schedule will be provided to the co-operating broker/agent when seller signs back a qualified offer submitted by the co-operating broker/agent. Seller is not seeking additional broker/agent services and will act in their own representation with all offers provided by a co-operating broker/agent being reviewed by the sellers legal counsel prior to acceptance and/or sign back. Please ensure all offers are 72 hours irrevocable.

  • Description
  • Other Features
  • Map Location
  • Mortgage
  • CONTACT SELLER
Property Description

Beautiful and Spacious Detached home located on quiet family oriented street in Centretown. Currently owner occupied but zoned as a legal duplex; 2nd and 3rd floor was an apartment, main floor and basement was an apartment. As a single family home it boosts four bedrooms, two renovated kitchens (completed in 2020), two laundry rooms, two work from offices, a dedicated work out room/yoga studio as well as a living/rec room on both the main floor and second floor. Absolutely endless options. Loads of windows to welcome the sun all day long or enjoy the sun hosting your friends and family in the spacious back yard. Main floor ceilings are very high at 8 ft 10 inches high. In addition to the extensive storage spaces inside the home, the property has a single car garage size workshop shed to allow you an incredible amount of storage. The asphalt driveway allows for 4 inline cars to park.

Reach out to us directly or have your agent contact us so we can share this versatile gem with you and your family!

The seller will pay a co-operating broker/agent an industry standard commission upon the completion of the sale of property up to a maximum of 2.5% of the final sale amount. The Commission Schedule will be provided to the co-operating broker/agent when seller signs back a qualified offer submitted by the co-operating broker/agent. Seller is not seeking additional broker/agent services and will act in their own representation with all offers provided by a co-operating broker/agent being reviewed by the sellers legal counsel prior to acceptance and/or sign back. Please ensure all offers are 72 hours irrevocable.

For those interested in the rental income details:

2024 Taxes: $7,819.50
Water Last 12 months: $1,250.00.00 - Tenant's paid this cost
Natural Gas Last 12 months: $2,700.00 - Tenant's paid this cost
Hydro Flr 2 & 3 Last 12 months: 1,500.00 - Tenant's paid this cost
Hydro Flr 1 & B Last 12 months: 1,050.00 - Tenant's paid this cost

Average Ottawa Rents: https://www.zumper.com/rent-research/ottawa-on

3 bedroom: $2,700.00/mth - $32,400 annually
4 bedroom: $2,900.00/mth - $32,800 annually

Approximate NOI: $59,200 annually - 4,933.33 monthly
Cap Rate: 6.6%

20% Down ($179,800)
80% Mortgage @ 5%: $4,182.00 monthly payments
Net positive Cash Flow: $751 monthly

Other Features
Legal Suite
Private Entrance
LEVEL ROOM DIMENSIONS
Main Level Living Room 4.11m x 3.66m   (13'6" x 12'0")
Main Level Office/Computer Room 4.11m x 4.88m   (13'6" x 16'0")
Main Level Office/Computer Room 4.11m x 3.05m   (13'6" x 10'0")
Main Level Hobby Room 3.05m x 3.05m   (10'0" x 10'0")
Main Level Kitchen with Eating Area 4.88m x 3.23m   (16'0" x 10'7")
Second Level Bedroom - Primary 4.57m x 3.66m   (15'0" x 12'0")
Second Level Bedroom 3.66m x 3.35m   (12'0" x 11'0")
Second Level Living/Dining Room Combination 6.40m x 2.74m   (21'0" x 9'0")
Second Level Kitchen 3.05m x 2.90m   (10'0" x 9'6")
Third Level Bedroom - Primary 5.18m x 3.66m   (17'0" x 12'0")
Third Level Bedroom 3.66m x 2.90m   (12'0" x 9'6")
Main Level 3pc Bathroom 2.13m x 2.13m   (7'0" x 7'0")
Second Level 3pc Bathroom 2.13m x 2.13m   (7'0" x 7'0")
Third Level 3pc Bathroom 2.74m x 2.44m   (9'0" x 8'0")
Basement Laundry Room 3.35m x 3.35m   (11'0" x 11'0")
Third Level Laundry Room 2.44m x 2.44m   (8'0" x 8'0")
Map Location

Approximate Map Location*

634 MacLaren St, Ottawa, Ontario, Canada   K1R 5L2

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* Each seller is responsible for ensuring that their map location is accurate. Please contact the seller directly if you have any questions.

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Seller Name:

Timothy Mercer

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Contact Seller

Please contact Tim to see 634 MacLaren Ave. today.

Timothy Mercer

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Location - Click to Expand
The Basics
  • Property Type: House / Detached House / Duplex
  • Ad Type: For Sale
  • Ownership: Freehold/Fee Simple
  • Listing ID: 476903
Price: $899,000
Main Features
4 Bedrooms
3 Bathrooms
2,200
Square Feet
33' x 109'
Lot Size
3 Storeys
Built in 1902
$7,907
Annual Taxes
Bathroom Types - Click to Expand
Parking
Driveway, Parking Pad, Street Parking