395 Mcleod Street, Ottawa Centre, ON K2P 1A5
Ottawa Centre, ON, K2P 1A5 · 4103 - Ottawa Centre
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.
Features & Amenities
- Basement: Unfinished
- Garage: None
- Cooling: None
- Heat Type: Radiant
- Heat Source: Gas
- Style: 2-Storey
- Construction: Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Fourplex |
| Architectural Style | 2-Storey |
| Bedrooms | 5 |
| Bathrooms | 4 |
| Lot Size | 0 Acres |
| Basement | Unfinished |
| Garage | None |
| Parking Spaces | 3 |
| Heat Type | Radiant |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $8,187 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Floor Drain, Water Heater
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Vinyl Siding
- Foundation Details
- Stone
- Roof
- Asphalt Shingle
- Basement
- Unfinished
Heating & Cooling
- Heat Type
- Radiant
- Heat Source
- Gas
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 3
- Parking Total
- 3.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 0.08
- Lot Size Units
- Acres
- Lot Depth
- 99.00
- Lot Width
- 35.00
Community & Neighborhood
- Property Features
- Public Transit
Financial & Tax
- Tax Annual Amount
- $8,187
- Tax Year
- 2025
- Possession Type
- 60-89 days
- Possession Details
- TBD
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 12
- Kitchens Above Grade
- 4
- Kitchens Total
- 4
- Bedrooms Above Grade
- 5
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- North
- County Or Parish
- Ottawa
- Cross Street
- Bank Street & McLeod
- Directions
- Right on McLeod from Gladstone, Property is on the right
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
395 Mcleod Street, Ottawa Centre, ON K2P 1A5, Ottawa Centre, ON, K2P 1A5