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:25961)
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Rooms
| Level | Type | Dimensions |
|---|
Details
- Parking Spaces: 3
- Transaction: For sale
Building
- Appliances: Water Heater
- BasementType: N/A (Unfinished)
- Basement Development: Unfinished
- Bedrooms Main Level: 5
- Cooling: None
- Exterior Finish: Vinyl siding
- Fireplace Present: False
- Foundation: Stone
- Bathrooms (Total): 4
- Heating: Radiant heat
- Heating Fuel: Natural gas
- Size Interior: 2000 - 2500 sqft
- Stories Total: 2
- Type: Fourplex
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Irregular: 35 x 99 Acre
Listing provided by ROYAL LEPAGE TEAM REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 395 MCLEOD STREET in Ottawa Ontario. It was last modified on January 28th, 2026. Contact Biju George to schedule a viewing or to discover other Ottawa real estate for sale.