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$ 869,900
Est. payment | /mo
5 Beds
4 Baths
$ 869,900
Est. payment | /mo
5 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 4103 - Ottawa Centre
MLS Listing ID X13416378
Style 2-Storey
Bedrooms 5
Annual Tax Amount $8,187
Tax Year 2025
Property Sub-Type Fourplex
Property 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.
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room No
Basement Unfinished
Kitchen 4
Interior
Interior Features Floor Drain, Water Heater
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 35.0
Lot Depth 99.0
Total Parking Spaces 3
Building
Unit Features Public Transit
Foundation Stone
Others
ParcelsYN No
Listed by ROYAL LEPAGE TEAM REALTY
Nearby Locations
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