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.
For sale
C$869,900
395 McLeod St, Ottawa, ON K2P 1A5
5beds
4baths
Quadruplex
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 83 days
- 17
- 0
Zillow last checked:
Listing updated:
Listed by:
ROYAL LEPAGE TEAM REALTY
Source: TRREB,MLS®#: X13416378
Originating 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
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Centretown
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.





