NOW SOLD 497 McLeod Street

The Location:

A wonderful location in Centretown close to everything with all the great amenities of urban lifestyles this property is perfectly located on a great block of  well looked after homes.

An opportunity to buy into a vastly improving and a  area of rapid urban growth . Gladstone to the Glebe is seeing development and the shops and resturants are excellent.

The Property 

The garage was at one point a thriving corner store in the era of corner stores. The house  is now used as a 2 unit ( one per floor) rental with where the store was is now a studio . There is excellent parking for 2 or 3 cars depending on size. Each apartment has laundry facilities in their unit.

The main house (499 address )has good sized apartments and great tenants with the units updated thru the years. The garage ( 497 as the address) is the converted corner store and now studio. Gas fireplace and with access to the rest of the basement for storage and facilities .

Present owner has occupied the units through the years and at present uses the studio . 

Lots of options - move the kids in for university.

Live in yourself or convert back to a single home now or in the future.

Keep the tenants ( they are excellent ) and convert the studio to a full rentable apartment 

Possible development : added onto for more units - survey attached.

There is no warranty and the property is sold "as is".

The Area: 

 This area is a mix of mostly redone homes and townhomes and higher rental properties . geared to a  a more executive lifestyle and for those who wish to enjoy the urban lifestyle .  Downtown Ottawa is now quickly changing with new infill and high rises  being built. The city has a new plan that is focused on  intensification in the core areas.  Thus the term " 15 minute neighbourhoods".  Not having to use a car for all your daily needs is a direction that urban planners are aspiring to and it is certainly the case for this area of Centretown. 

Great neighbours- Great shops- Great lifestyle

There are so many amenities at your doorstep - cafes- fine dining, fitness centres, pharmacies …..

Keep in shape at the YMCA minutes away or yoga just about everywhere !

This location is steps from the thriving hub of the Gladstone Bank area with great amenities that include a LCBO, pharmacy, eatery such as Fauna , Flora Hall Brewery   etc.  Pick up fish at Whalesbone    to cook up at home and dessert from 3 Tarts all at your doorstep. You also are mere blocks from the Glebe and from the Elgin St eateries. Walk down with your coffee cup to Arlington 5 and have a great cup of morning coffee. Plus you can walk to Dim Sum in the  Chinatown hood - You are opening the door to so many areas and even more cultural and dining experiences.