395 Mcleod Street, Ottawa, Ontario K2P 1A5

Listed for:
$924,900
5 beds
10 baths
Listed 71 days ago
Fourplex for rent: 395 Mcleod Street, Ottawa, Ontario K2P 1A5

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Learn more about this property
Listing provided by:
ROYAL LEPAGE TEAM REALTY
MLS® number:
X12388016
Agent:
Luigi Aiello
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About

Cross Streets: Bank Street & McLeod. ** Directions: Right on McLeod from Gladstone, Property is on the right. 395 McLeod Street is a strong investment opportunity located in the heart of Centretown, one of Ottawa's most desirable and vibrant neighbourhoods. The property produced $59,387.40 in gross rental income as of July 2025, with total expenses of $19,510.59, resulting in a net income of $39,876.81. With stable returns and well-managed operating costs, this property provides reliable cash flow and long-term value. Centretown is a highly sought-after rental market, appealing to young professionals, students, and government employees alike due to its walkability and proximity to downtown, Parliament Hill, Ottawa's business core, public transit, and the shops and restaurants along Bank Street and Elgin Street. Properties in this location experience consistent demand and strong rental growth potential, making 395 McLeod Street a solid addition to any investment portfolio. (id:27476)

Property Highlights

MLS® Number
X12388016
Type
Multi-family
Community Name
4103 - Ottawa Centre
Land Size
35 x 99 Acre
Parking Space Total
3

Building

Building Type
Fourplex
Storeys
2.00
Square Footage
2000 - 2500 sqft
Bathrooms Total
10
Bedrooms Above Ground
5
Bedrooms Total
5
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
N/A (Unfinished)
Basement Features
Building Heating Type
Radiant heat
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location