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395 Mcleod Street Ottawa Centre ON

📍 Ottawa Centre, Ontario K2P 1A5

$869,900

Active
5BEDS
4BATHS
3PARKING
4KITCHENS
35×99LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X13416378
ListedJun 8, 2026
Days on Market—
Property TypeResidential Freehold
StyleFourplex
Cross StreetBank Street & McLeod
PossessionTBD

📝 Listing Description

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

Property TypeResidential Freehold
StyleFourplex
Bedrooms5
Bathrooms4
Kitchens4

📐 Lot & Land

Lot Width35 ft
Lot Depth99 ft
Lot Size0.08 sqft
Cross StreetBank Street & McLeod

🔧 Building & Utilities

Heat SourceGas
HeatingRadiant
CoolingNone
BasementUnfinished
GarageNone
Parking3
ConstructionVinyl Siding
RoofAsphalt Shingle

💰 Financial

List Price$869,900
Annual Taxes$8,187.38 (2025)
PossessionTBD

🧮 Mortgage Calculator

$173,980
Est. Monthly Payment
$4,274/mo
Principal: $695,920 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by ROYAL LEPAGE TEAM REALTYData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13416378 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.