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. |
Price | $924,900 |
Taxes: | $7030.00 |
Occupancy: | Tenant |
Address: | 395 Mcleod Stre , Ottawa Centre, K2P 1A5, Ottawa |
Directions/Cross Streets: | Bank Street & McLeod |
Rooms: | 12 |
Bedrooms: | 5 |
Bedrooms +: | 0 |
Family Room: | F |
Basement: | Unfinished |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Main |
Washroom Type 2 | 4 | Main |
Washroom Type 3 | 4 | Second |
Washroom Type 4 | 4 | Second |
Washroom Type 5 | 0 | |
Washroom Type 6 | 4 | Main |
Washroom Type 7 | 4 | Main |
Washroom Type 8 | 4 | Second |
Washroom Type 9 | 4 | Second |
Washroom Type 10 | 0 | |
Washroom Type 11 | 4 | Main |
Washroom Type 12 | 4 | Main |
Washroom Type 13 | 4 | Second |
Washroom Type 14 | 4 | Second |
Washroom Type 15 | 0 | |
Washroom Type 16 | 4 | Main |
Washroom Type 17 | 4 | Main |
Washroom Type 18 | 4 | Second |
Washroom Type 19 | 4 | Second |
Washroom Type 20 | 0 |
Total Area: | 0.00 |
Property Type: | Fourplex |
Style: | 2-Storey |
Exterior: | Vinyl Siding |
Garage Type: | None |
Drive Parking Spaces: | 3 |
Pool: | None |
Approximatly Square Footage: | 2000-2500 |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Radiant |
Central Air Conditioning: | None |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE TEAM REALTY |
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Book Showing | Email a Friend |
Type: | Freehold - Fourplex |
Area: | Ottawa |
Municipality: | Ottawa Centre |
Neighbourhood: | 4103 - Ottawa Centre |
Style: | 2-Storey |
Tax: | $7,030 |
Beds: | 5 |
Baths: | 10 |
Fireplace: | N |
Pool: | None |