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395 Mcleod Street
4103 - Ottawa Centre Ottawa Centre K2P 1A5

$899,900
Residential Freehold beds: 5 baths: 10.0

Main Photo: 395 Mcleod Street, Ottawa Centre
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Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
X12735488
Bedrooms:
5
Bathrooms:
10
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 Type:
Residential Freehold
Property Sub Type:
Fourplex
Home Style:
2-Storey
Total Approx Floor Area:
2000-2500
Lot Depth:
99'
Lot Frontage:
35'
Direction Faces:
North
Bedrooms:
5
Bathrooms:
10.0
Water supply:
Municipal
Kitchens:
4
Bedrooms Above Grade:
5
Kitchens Above Grade:
4
Rooms Above Grade:
12
Heating type:
Radiant
Heating Fuel:
Gas
Foundation:
Stone
Roof:
Asphalt Shingle
Basement:
Unfinished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
3
Total Parking Spaces:
3.0
Family Room:
No
Possession Details:
TBD
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$8,187.38 / 2025
Assessment:
$- / -
Ottawa
Ottawa Centre
4103 - Ottawa Centre
Floor Drain, Water Heater
Vinyl Siding
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
None
Central Vacuum:
No
Seller Property Info Statement:
No
Date Listed:
Jan 28, 2026
Original Price:
Previous Price:
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Listed by ROYAL LEPAGE TEAM REALTY
Data was last updated January 28, 2026 at 04:15 PM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.