For Sale

395 Mcleod Street, Ottawa Centre, Ontario K2P 1A5

$899,900

395 Mcleod Street, Ottawa Centre, Ontario K2P 1A5 is For Sale and has a listing price of 899,900. The property is located in the Ottawa Centre . It's been on the website for 7 Days.

  • Fourplex
    Property Type
  • 5
    Bedrooms
  • 4
    Bathrooms
  • MLS ID: X12735488
  • Office Name ROYAL LEPAGE TEAM REALTY
Property 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 Details
  • Bedrooms: 5
  • MLS ID: X12735488
  • Bathrooms: 4
  • Price: $899,900
  • Lot Depth: 99
  • Transaction Types: For Sale
  • Ref ID: X12735488
  • Year Built: N/A
  • Approx Sqft: 2000-2500
  • Dir / Cross St: Bank Street & McLeod
  • Status: Active
  • Tax Year: 2025
  • Property Type: Fourplex
  • Property Type: All Houses
  • Property Sub Category: Fourplex
Price History
List Date MLS ID List Price Status End Date Closed Price
01/28/2026 X12735488 $899,900 For Sale - -
09/08/2025 X12388016 $924,900 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Ottawa Centre
  • $744,990 Average List Price
    based on 1 year
  • 114 New Listings
    based on 30 days
  • 38 Median Days on Market
    based on 1 year
  • List vs. Selling Price 85.56 % Up
  • Sold (12mo) 162
  • Rented (12mo) 170

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -
Walkscore
Additional Details
  • Heat Type Radiant
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 3
  • Exterior Vinyl Siding
  • Kitchen 4
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 4 # Pcs: 4
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: 1
  • Taxes: $8,187
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 28/01/2026 15:50:46
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