395 Mcleod Street, Ottawa Centre, ON

$869,900

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5

Beds

4

Baths

2,000

Square feet

About 395 Mcleod Street

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.

Features of 395 Mcleod Street

MLS® # X13416378
Price $869,900
Bedrooms 5
Bathrooms 4.00
Square Footage 2000-2500
Type Residential Freehold
Sub-Type Fourplex
Style 2-Storey
Status Active

Community Information

Address 395 Mcleod Street
Area Ottawa
Subdivision 4103 - Ottawa Centre
City Ottawa Centre
Province ON
Postal Code K2P 1A5

Amenities

Parking Spaces 3
Garages None
Is Waterfront No
Pool None

Interior

Heating Radiant
Cooling None
Fireplace No
Basement Unfinished

Exterior

Exterior Vinyl Siding

Listing Details

OfficeROYAL LEPAGE TEAM REALTY

Listing Map