For Sale

395 Mcleod Street

$869,900
Ottawa Centre, Ontario K2P 1A5 · MLS® X13416378 · Updated 10h ago
395 Mcleod Street, Ottawa Centre, ON K2P 1A5
1 / 36 photos
5
Bedrooms
4
Bathrooms
Sq Ft
3
Parking

About This Home

395 McLeod Street represents a compelling investment opportunity in the heart of Centretown, one of Ottawa's most established and consistently in demand urban neighbourhoods. As of July 2025, the property generated $59,582.64 in gross rental income, with total operating expenses of $19,510.59, resulting in a strong net income of $40,072.05. These figures reflect stable performance, efficient cost management, and dependable cash flow, making the property well suited for investors seeking both income reliability and long term value preservation.Centrally located, the property benefits from exceptional walkability and proximity to downtown Ottawa, Parliament Hill, major employment hubs, and key transit routes. The surrounding area is anchored by the vibrant commercial corridors of Bank Street and Elgin Street, offering a wide range of restaurants, retail, and daily amenities. This location continues to attract a diverse and stable tenant base, including government employees, professionals, and students, supporting consistent rental demand and favourable long term growth potential. With its strong financials and prime urban setting, 395 McLeod Street is a solid addition to a well balanced real estate investment portfolio.

Property Information

Type
Residential Freehold
Style
Fourplex
Architectural Style
2-Storey
Lot Size
35 × 99 ft
Direction Faces
North
Bedrooms
5
Kitchens
4
Parking
3 total · None
Cross Street
Bank Street & McLeod
Postal Code
K2P 1A5
Occupancy
Tenant
Possession
60-89 days
MLS#
X13416378
Listing Office
ROYAL LEPAGE TEAM REALTY

Building Details

Construction
Vinyl Siding
Roof
Asphalt Shingle
Heating
Radiant · Gas
Cooling
None
Basement
Unfinished
Fireplace
No
Pool
None

Features & Amenities

Interior
Floor DrainWater Heater
Property
Public Transit

Financials & Fees

Annual Property Tax
$8,187.38 (2025)

Inclusions & Exclusions

Exclusions

Tenant's Belongings

Location

Listing courtesy of:ROYAL LEPAGE TEAM REALTY

Source: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.

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