+30 more
5
Bedrooms
4
Bathrooms
2,500 sqft
Living Area
3
Parking
About This Property
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.
MLS Remarks
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)
Property History
MLS# X12735488| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Jan 28, 2026 | Listed For Sale | X12735488 | $899,900 | — |
MLS data tracked by our system. Earlier records or land registry transfers may not be shown.
Overview
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