395 MCLEOD STREET, Ottawa, Ontario, K2P1A5

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. (id:64974)

Quick Facts

• Property Type: Fourplex
• Bedrooms: 5 (5 above)
• Bathrooms: 4
• Attached: Yes
• Parking: 3 spaces (No Garage)

Costs

• Annual Taxes: $8,187.38

Listing Provided by: ROYAL LEPAGE TEAM REALTY
Board: Ottawa Real Estate Board
Data provided via CREA DDF®.