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.
37 days
|
20
|
1
|
Zillow last checked:
Listing updated:
Listed by:
ROYAL LEPAGE TEAM REALTY
Source: TRREB,MLS®#: X13416378Originating MLS®#: Ottawa Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 4
Heating
Radiant, Gas
Cooling
None
Appliances
Included: Water Heater
Features
Floor Drain
Basement: Unfinished
Has fireplace: No
Interior area
Living area range: 2000-2500 null
Property
Parking
Total spaces: 3
Features
Stories: 2
Pool features: None
Lot
Size: 3,484 Square Feet
Features: Public Transit
Details
Parcel number: 041190251
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Materials
Vinyl Siding
Foundation: Stone
Roof: Asphalt Shingle
Utilities & green energy
Sewer: Sewer
Community & HOA
Location
Region: Ottawa
Financial & listing details
Annual tax amount: C$8,187
Date on market: 6/8/2026
ROYAL LEPAGE TEAM REALTY
ROYAL LEPAGE TEAM REALTY
By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.