$899,900
8.66 BTC
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395 Mcleod Street, Ottawa Centre
$899,900
PRICE
5
BEDROOMS
4
BATHROOMS
X12735488
MLSID

395 Mcleod Street, Ottawa Centre

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.
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Summary

Address
395 Mcleod Street
MLSID
X12735488
Property Type
Fourplex
Property Category
Bedrooms
5
Bathrooms
4
Kitchens
4
Taxes (Annual)
$8,187.38
Tax Year
2025
Published
January 28, 2026
Days on Market
7 Days
Possession Type
60-89 Days
Possession Details
Tbd
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Details

Bathroom 1
4-Piece Main Level
Bathroom 2
4-Piece Main Level
Bathroom 3
4-Piece Second Level
Bathroom 4
4-Piece Second Level
Basement
Unfinished
Interior Features
Floor Drain, Water Heater
Parking Spaces
3
Parking Total
3
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Vinyl Siding
Lot Size
0
Lot Width
35 Acres
Lot Depth
99 Acres
Water
Municipal
Heat Source
Gas
Heat Type
Radiant
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with ROYAL LEPAGE TEAM REALTY
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