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$ 924,900
Est. payment | /mo
5 Beds
10 Baths
2,000 SqFt
$ 924,900
Est. payment | /mo
5 Beds
10 Baths
2,000 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $462
Subdivision 4103 - Ottawa Centre
MLS® Listing ID X12388016
Bedrooms 5
Source Ottawa Real Estate Board
Property Description
395 McLeod Street is a strong investment opportunity located in the heart of Centretown, one of Ottawa's most desirable and vibrant neighbourhoods. The property produced $59,387.40 in gross rental income as of July 2025, with total expenses of $19,510.59, resulting in a net income of $39,876.81. With stable returns and well-managed operating costs, this property provides reliable cash flow and long-term value. Centretown is a highly sought-after rental market, appealing to young professionals, students, and government employees alike due to its walkability and proximity to downtown, Parliament Hill, Ottawa's business core, public transit, and the shops and restaurants along Bank Street and Elgin Street. Properties in this location experience consistent demand and strong rental growth potential, making 395 McLeod Street a solid addition to any investment portfolio. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Radiant heat
Cooling None
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by ROYAL LEPAGE TEAM REALTY