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    For Sale - 395 Mcleod Street, Ottawa Centre, Ontario

    Est payment $4,177/mo
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    Views   1
    Time on Jump  29 day

    AI Summary *

    • Strong gross rental income of $59,582.64 with stable cash flow.
    • Low operating expenses at $19,510.59 ensuring solid net income.
    • Centrally located with excellent walkability to downtown and amenities.
    • Diverse tenant base including professionals, students, and government employees.
    • Great long-term growth potential in a high-demand urban neighborhood.




    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 IDX13416378
    Address395 Mcleod Street
    CityOttawa Centre, Ontario
    Price$869,900
    Bed / Bath5 / 4 Full
    Style2-Storey, Fourplex
    ConstructionVinyl Siding
    Land Size0.08
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Floor Drain, Water HeaterAmenities Public TransitOwnership FreeholdBasement UnfinishedFoundation StoneHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Agency:  ROYAL LEPAGE TEAM REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    395 Mcleod Street
    Ottawa Centre , Ontario
    5 4 $869,900
    Get more info