Share
$849,900
Ontario,Ottawa
For Sale Active
395 MCLEOD STREET, Ottawa, Ontario K2P1A5
  • 5
  • 4
  • 2000 - 2500Square Feet
Contact Seller
Basic Details
Description

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 net income of $40, 072.05. Adding to its appeal is the property’s R4UD –

Residential Fourth Density, Subzone UD zoning, which permits a range of residential uses and is intended to accommodate low-rise, multi-unit housing. This designation provides additional long-term investment and redevelopment potential, subject to applicable zoning provisions and municipal approvals.Ideally situated in Centretown, the property offers exceptional walkability and convenient access to downtown Ottawa, Parliament Hill, major employment hubs and key transit routes. The vibrant Bank Street and Elgin Street corridors are nearby, offering an extensive selection of restaurants, shops, services and everyday amenities.The central location continues to support strong rental demand from professionals, government employees, students and other urban residents. With established rental income, R4UD zoning and a prime downtown location, 395 McLeod Street offers an attractive combination of current cash flow and future potential. (id:62650)

Read More
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13856626
  • Price: $849,900
  • Bedrooms: 5
  • Bathrooms: 4
  • Square Footage: 2000 - 2500 Sqft
  • Status: Active
  • Office Name: ROYAL LEPAGE TEAM REALTY
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 269011
Features & Appliances
Features
  • Heating System: Natural gas, Radiant heat
  • Cooling System: None
  • Basement: N/A, Unfinished
  • Parking: No Garage
  • Exterior Features: Vinyl siding
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Ottawa, K2P1A5
  • Street: Mcleod
  • Street Number: 395
  • Street Suffix: Street
  • Longitude: W76° 18' 20.2''
  • Latitude: N45° 24' 40.5''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 35 x 99 FT
  • Stories: 2.0
Financial
  • Tax Annual Amount: 8187.38
Powered by REALTOR.ca
Listing updated: 2026-10-06 17:22:34
List Your Property
Mortgage Calculator
Get Pre-Approved
$
$
%
%
years
Monthly Payment (Est.) $
Listing Information
  • List Agent Key: 1402780
  • List Office Key: 269011
  • Modification Timestamp: 2026-10-02T20:30:09Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2026-10-02T20:24:32Z
Powered by REALTOR.ca
Listing updated: 2026-10-06 17:22:35
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By‐Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

Website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association.

The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non‐commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.

By continuing to use this website and its services, you agree to these

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with Zubic Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as part of their Mere Posting ComFree Listing Contract and in partnership with Imperium LLP – Rocky Kim.

I acknowledge I can only access these forms as a ComFree customer under contract.

How It Works

1. Purchase Your Package

2. We Ship Your ‘For Sale’ Sign

3. Book Your VR Tour

4. Complete Listing Input Forms

5. We Make Your Listing Live

6. Get Support 7 Days a Week

7. iSOLD!