395 Mcleod Street Ottawa, Ontario K2P 1A5
$924,900
395 McLeod Street is a strong investment opportunity located in the heart of Centretown, one of Ottawa's most desirable and vibrant neighbourhoods. The property produced $59,387.40 in gross rental income as of July 2025, with total expenses of $19,510.59, resulting in a net income of $39,876.81. With stable returns and well-managed operating costs, this property provides reliable cash flow and long-term value. Centretown is a highly sought-after rental market, appealing to young professionals, students, and government employees alike due to its walkability and proximity to downtown, Parliament Hill, Ottawa's business core, public transit, and the shops and restaurants along Bank Street and Elgin Street. Properties in this location experience consistent demand and strong rental growth potential, making 395 McLeod Street a solid addition to any investment portfolio. (id:28469)
Property Details
| MLS® Number | X12388016 |
| Property Type | Multi-family |
| Neigbourhood | Centretown |
| Community Name | 4103 - Ottawa Centre |
| Parking Space Total | 3 |
Building
| Bathroom Total | 10 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Appliances | Water Heater |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Irregular | 35 X 99 Acre |
| Size Total Text | 35 X 99 Acre |
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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 24 2025 08:54:24
Ottawa Real Estate Board
Royal LePage Team Realty