For Sale: 395 Mcleod Street, Ottawa, ON - REW
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$869,900
5 bd • 4 ba • 2000 - 2499 sf • Multifamily
395 Mcleod Street
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$869,900
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395 Mcleod StreetOttawa, ON, K2P 1A5

Centretown
  • 5 Bed
  • 4 Bath
  • 2000 - 2499 Sqft
  • Multifamily

About this home

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:63626)
Listed by: Luigi Aiello, Salesperson, ROYAL LEPAGE TEAM REALTY

Home facts and features

Price details
List Price
$869,900
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Gross Taxes for 2026
$8,187
Home facts
Bedrooms
5
Full Bathrooms
4
Parking Spaces
3
Parking Details
No Garage
Property Type
Multifamily
Depth
99 Acre
Exterior Finish
Vinyl siding
Heating Type
Radiant heat, Natural gas
Basement Details
Unfinished,
Appliances
Water Heater
Community
Agent details
Primary Agent
Luigi Aiello
Primary Broker
ROYAL LEPAGE TEAM REALTY
Listing details
Days on REW
44 Days
Property Views
45
MLS® Number
X13416378
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Glashan Public School
  • Public
  • 7 - 8
Elgin Street Public School
  • Public
  • JK - 6
First Avenue Public School
  • Public
  • JK - 6
Cambridge Street Community Public School
  • Public
  • JK - 6
Centennial Public School
  • Public
  • JK - 8
Glebe Collegiate Institute
  • Public
  • 9 - 12
Lisgar Collegiate Institute
  • Public
  • 9 - 12
Corpus Christi Catholic Elementary School
  • Catholic
  • JK - 6
Immaculata School
  • Catholic
  • K - 12
Mutchmor Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Luigi Aiello
Phone:
(613) 729-9090
Office:
613-729-9090
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.