$899,900
395 Mcleod Street, Ottawa Centre, ON K2P 1A5
Ottawa Centre
- Bedrooms
- 5
- Bathrooms
- 4
- Parking
- 3
- Type
- Fourplex
About this listing
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 details
- Days on market
- 98 days
- Basement
- Unfinished
Payment calculator
- Mortgage amount
- $719,920
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Location
View Walk Score, Transit Score & Bike Score
Walkability, transit, and bike-friendliness for 395 Mcleod Street, Ottawa Centre, ON K2P 1A5
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X12735488
Listed by ROYAL LEPAGE TEAM REALTY
On market since Jan 28, 2026
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About 395 Mcleod Street, Ottawa Centre, ON K2P 1A5
How much is 395 Mcleod Street, Ottawa Centre, ON K2P 1A5?
395 Mcleod Street, Ottawa Centre, ON K2P 1A5 is listed for $899,900 CAD.
How many bedrooms and bathrooms does 395 Mcleod Street, Ottawa Centre, ON K2P 1A5 have?
395 Mcleod Street, Ottawa Centre, ON K2P 1A5 has 5 bedrooms and 4 bathrooms.
What type of property is 395 Mcleod Street, Ottawa Centre, ON K2P 1A5?
395 Mcleod Street, Ottawa Centre, ON K2P 1A5 is a Fourplex.
What neighbourhood is 395 Mcleod Street, Ottawa Centre, ON K2P 1A5 in?
395 Mcleod Street, Ottawa Centre, ON K2P 1A5 is in Ottawa Centre, Ontario.
Is 395 Mcleod Street, Ottawa Centre, ON K2P 1A5 for sale or for rent?
395 Mcleod Street, Ottawa Centre, ON K2P 1A5 is currently for sale.
How do I book a showing for 395 Mcleod Street, Ottawa Centre, ON K2P 1A5?
Contact Alex Morgan at +16471112222 to arrange a private showing of 395 Mcleod Street, Ottawa Centre, ON K2P 1A5 (MLS# X12735488). You can also send a message through the contact form on this site.