For Sale - 395 Mcleod Street, Ottawa Centre, Ontario

Est payment $4,461/mo
Views   1
Time on Jump  4 day
  • Located in the heart of Centretown, a prime urban neighborhood.
  • Generated strong net income of over $40,000 as of July 2025.
  • Excellent walkability with easy access to downtown and transit routes.
  • Surrounded by vibrant commercial areas with restaurants and amenities.
  • Attracts diverse tenants, ensuring consistent rental demand and growth potential.



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.
Listing IDX12735488
Address395 Mcleod Street
CityOttawa Centre, Ontario
Price$899,900
Bed / Bath5 / 4 Full
Style2-Storey, Fourplex
ConstructionVinyl Siding
Land Size0.08
TypeMulti-Family
StatusFor Sale
Subtype FourplexIndoor Features Floor Drain, Water HeaterOwnership FreeholdBasement UnfinishedFoundation StoneHeating / Cooling RadiantHeating Fuel GasSewer Sewer
Parking 3.00
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Listing Agency:  ROYAL LEPAGE TEAM REALTY
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395 Mcleod Street
Ottawa Centre , Ontario
5 4 $899,900
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