395 MCLEOD STREET
4103 - Ottawa Centre
Ottawa
K2P 1A5
$869,900
Multi-family
beds: 5
baths: 4.0
- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- X13416378
- Bedrooms:
- 5
- Bathrooms:
- 4
- Photos (36)
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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. (id:2493)
- Property Type:
- Multi-family
- Property Attached:
- Yes
- Living Area (Min):
- 2,000 sq. ft.186 m2
- Living Area (Max):
- 2,500 sq. ft.232 m2
- Taxes:
- $8,187.38 / -
- Community:
- 4103 - Ottawa Centre
- Exterior Features:
- Vinyl siding
- Structure Type:
- Fourplex
- Appliances Included:
- Water Heater
- Bedrooms:
- 5
- Bedrooms Above Grade:
- 5
- Bathrooms:
- 4.0
- Cooling:
- None
- Fireplace:
- No
- Foundation:
- Stone
- Heating:
- Radiant heat, Natural gas
- # Storeys:
- 2.0
- Water:
- Municipal water
- Sewer:
- Sanitary sewer
- Basement:
- Unfinished, N/A
- Lot Details:
- 35 x 99 Acre
- Parking:
- No Garage
- Total Parking Spaces:
- 3
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Listed by ROYAL LEPAGE TEAM REALTY
Data was last updated June 15, 2026 at 03:15 PM (UTC)
Area Statistics
- Listings on market:
- 18
- Avg list price:
- $874,900
- Min list price:
- $780,000
- Max list price:
- $3,099,000
- Avg days on market:
- 21
- Min days on market:
- 6
- Max days on market:
- 161
- Avg price per sq.ft.:
- $272.22
These statistics are generated based on the current listing's property type
and located in
4103 - Ottawa Centre. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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