




This 5-bedroom, 4-bathroom multi-family in Ottawa offers 2,500 sqft of living area. 2 storeys. The property has lot dimensions of 35 x 99 Acre. The home features radiant heat, natural gas heating, a unfinished basement. Highlights include a 3-car garage.
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:60351)
| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Jan 28, 2026 | Listed For Sale | X12735488 | $899,900 | — |
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Listed by Luigi Aiello, ROYAL LEPAGE TEAM REALTY
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Listing represented by Luigi Aiello, ROYAL LEPAGE TEAM REALTY · MLS# X12735488
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.