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395 MCLEOD STREET

Ottawa, Ontario K2P1A5

$899,900 for sale



MLS®:
X12735488
Contract Days:
0
Community:
Ownership:
Property Type:
Fourplex
Total Size:
35 x 99 Acre
Built Date:
Parking:
3
Bedrooms:
5+
Bathrooms:
10
Interior Features

Construction Style:
Total Stories:
2
Total Bedrooms:
5
Bedrooms Above Ground:
5
Bedrooms Below Ground:
Total Bathrooms:
10
Whole Bathrooms:
10
Half Bathrooms:
Basement Type:
N/A (Unfinished)
Basement Development:
Unfinished
Appliances:
Water Heater
Exterior Features

Built Date:
Exterior Finish:
Vinyl siding
Foundation Type:
Stone
Utitilies

Heating Type:
Radiant heat
Heating Fuel:
Natural gas
Cooling Type:
None
Utility Water:
Municipal water
Sewer:
Sanitary sewer
Total Fireplaces:
Type
Level
Size

Note

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. (id:19004)

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