395 Mcleod Street Ottawa, Ontario K2P 1A5

$924,900

395 McLeod Street is a strong investment opportunity located in the heart of Centretown, one of Ottawas most desirable and vibrant neighbourhoods. The property produced $52,393.85 in gross rental income in 2024, with total expenses of $22,535.09, resulting in a net income of $29,858.76. 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, Ottawas 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. (id:43934)

Property Details

MLS® Number	X12388016
Property Type	Multi-family
Neigbourhood	Centretown
Community Name	4103 - Ottawa Centre
Parking Space Total	3

Building

Bathroom Total	10
Bedrooms Above Ground	5
Bedrooms Total	5
Appliances	Water Heater
Basement Development	Unfinished
Basement Type	N/a (unfinished)
Exterior Finish	Vinyl Siding
Foundation Type	Stone
Heating Fuel	Natural Gas
Heating Type	Radiant Heat
Stories Total	2
Size Interior	2,000 - 2,500 Ft2
Type	Fourplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Irregular	35 X 99 Acre
Size Total Text	35 X 99 Acre

https://www.realtor.ca/real-estate/28828461/395-mcleod-street-ottawa-4103-ottawa-centre