For Sale395 MCLEOD STREET
Ottawa, Ontario, K2P1A5
About this property
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:66947)
Property details
Property
- Property Type
- Multi-family
- Property Subtype
- Multi-family
- Bedrooms
- 5
- Bathrooms
- 4
- Lot Dimensions
- 35 x 99 Acre
Interior
- Heating
- Radiant heat, Natural gas
- Cooling
- None
- Basement
- Unfinished, N/A
- Appliances
- Water Heater
Exterior
- Parking
- No Garage
Utilities
- Water
- Municipal water
- Sewer
- Sanitary sewer
Financial
- Property Taxes
- 8187.38
Location
- City
- Ottawa
- Postal Code
- K2P1A5
Location
Estimated payment only. Not financial advice. Excludes taxes, insurance, condo fees and mortgage default insurance.
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