395 MCLEOD STREET
Ottawa, Ontario
MLS® X13416378
$869,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13416378
- Bedrooms
- 5
- Bathrooms
- 4
- Year built
- —
1 / 36Listing 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.
Property summary
- MLS® number
- X13416378
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 35 x 99 Acre
- Annual property taxes
- $8,187.38
- Parking
- 3 spaces · No Garage
- Days on market
- 79 days
Features & details
- Heating
- Radiant heat, Natural gas
- Cooling
- None
- Basement
- Unfinished, N/A
- Appliances
- Water Heater
- Exterior features
- Vinyl siding
What would this home cost you?
Based on the $869,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE TEAM REALTY, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.