395 Mcleod Street

395 Mcleod Street
395 Mcleod Street
395 Mcleod Street
+32
5
 bed
10
 bath
3
 parking
2000 - 2500
 sqft
Fourplex
$899,900
For Sale
5 hours
 on site
$899,900
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Size
-
Lot size
-
Street frontage
-
Possession
60-89 days
Price per sqft
$360 - $450
Taxes
$8,187.38 (2025)
Parking Type
-
Style
2-Storey
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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.
Broker: ROYAL LEPAGE TEAM REALTY
MLS®#: X12735488
Property details
Parking:
3
Parking type:
-
Property type:
Fourplex
Heating type:
Radiant
Style:
2-Storey
MLS Size:
2000-2500 sqft
Lot front:
35 Ft
Lot depth:
99 Ft
Listed on:
Jan 28, 2026
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Instant estimate:
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$4,044
lower than listed price
i
High
$940,648
Mid
$895,856
Low
$851,063
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About 395 Mcleod Street

395 Mcleod Street is an Ottawa fourplex for sale. 395 Mcleod Street has an asking price of $899900, and has been on the market since January 2026. This fourplex has 5 beds, 10 bathrooms and is 2000-2500 sqft. Situated in Ottawa's Centre Town neighbourhood, The Glebe, Downtown Ottawa, Centre Town West and Old Ottawa East are nearby neighbourhoods.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this fourplex.

If you are looking for transit, don't fear, there is a Bus Stop (CATHERINE / O'CONNOR) a 4-minute walk.