541 MCLEOD Street, Ottawa Centre, ON

$898,000
MLS#:X9523364
3 beds
2 baths
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 4103 - Ottawa Centre. Expertly crafted featuring premium wood and brick construction, this residence presents an exceptional opportunity offered at $898,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Premium 33 x 99 ft lot size
  • Features a partial basement, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient other configuration
  • equipped with other central cooling and highly efficient heat pump heating via gas

Description

This beautiful open-concept home features a spacious living and dining area that flows to the perfectly renovated kitchen, complete with large central island and walk-in pantry, offering both style and function. Main floor includes a fully renovated 3-piece bath w convenient laundry. A brand-new addition at the back can be accessed by its own separate entrance making it perfect for a home office or family room. The unfinished basement provides excellent storage. Upstairs, you’ll find 3 beds, renovated main bath, and a primary suite w large walk-in closet. Outside, enjoy two decks; one off the kitchen to the side and one off the back, a fully fenced yard, and a storage shed. Located in the heart of Centretown, close to amenities, transit. Urban living at its finest!, Flooring: Tile, Flooring: Vinyl, Flooring: Hardwood

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Property Summary

This detached home located at 541 MCLEOD Street, Ottawa Centre is currently for sale and has been available on SousaSells for 637 days. This property is listed at $898,000 with an estimated mortgage of $2,989* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 541 MCLEOD Street, Ottawa Centre is in the 4103 - Ottawa Centre neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 27, 2024
Sold price information is available to members only
Listed Date10/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionWood , Brick
BasementPartial Basement, Full
Lot Size33 × 99
CountyOttawa
Annual Tax$7,068
Legal DescriptionPT LT 37, PL 30 , N/S OF MCLEOD ST, BEING THE E 1/2 ; OTTAWA/NEPEAN ;

Parking & Garage

Parking Spaces2.0
Garage TypeOther

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingOther

Features

Property Features

Public Transit, Park

Interior Features

Security Features

Community Features

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Location

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541 MCLEOD Street, Ottawa Centre, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 541 MCLEOD Street, Ottawa Centre, ON K1R 5R2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ottawa Centre.

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Interest Rate4.00%
Down Payment$269,400 (30.0%)
* Minimum Canadian down payment required for this price is $64,800.
Amortization Period30 Years
Estimated Monthly Payment$2,989Based on a loan of $628,600 over 30 years.
Purchase Price$898,000
Loan Amount$628,600
Provincial Land Transfer Tax:$14,435
Total Estimated Closing Taxes:$14,435

About Purchasing a Home in Ottawa Centre, ON

For a property listed at $898,000 in Ottawa Centre, the legal minimum down payment is $64,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $14,435 for this transaction. As this listing is in Ottawa Centre (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $14,435.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 4103 - Ottawa Centre, Ottawa Centre.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$706,078

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.