For Sale

395 Mcleod Street, Ottawa Centre, Ontario K2P 1A5

$924,900

395 Mcleod Street, Ottawa Centre, Ontario K2P 1A5 is For Sale and has a listing price of 924,900. The property is located in the Ottawa Centre . It's been on the website for 63 Days.

  • Fourplex
    Property Type
  • 5
    Bedrooms
  • 10
    Bathrooms
  • MLS ID: X12388016
  • Office Name ROYAL LEPAGE TEAM REALTY
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.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12388016
  • Price: $924,900
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 99
  • Ref ID: X12388016
  • Approx Sqft: 2000-2500
  • Dir / Cross St: Bank Street & McLeod
  • Status: Active
  • Tax Year: 2024
  • Property Type: Fourplex
  • Property Sub Category: Fourplex
Price History
List Date MLS ID List Price Status End Date Closed Price
09/08/2025 X12388016 $924,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Ottawa Centre
  • $731,632 Average List Price
    based on 1 year
  • 139 New Listings
    based on 30 days
  • 46 Median Days on Market
    based on 1 year
  • List vs. Selling Price 80.02 % Up
  • Sold (12mo) 164
  • Rented (12mo) 176

  • 1 Month Change +51.3%
  • 3 Month Change -
  • 6 Month Change -35.5%
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: 2
  • Washrooms Type 3: 3
  • Washrooms Type 4: 4
  • Taxes: $7,030
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 08/09/2025 14:08:14
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