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$ 924,900
Est. payment | /mo
5 Beds
10 Baths
$ 924,900
Est. payment | /mo
5 Beds
10 Baths
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 4103 - Ottawa Centre
MLS Listing ID X12388016
Style 2-Storey
Bedrooms 5
Annual Tax Amount $7,030
Tax Year 2024
Property Sub-Type Fourplex
Property Description
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.
Location
Province ON
County Ottawa
Community 4103 - Ottawa Centre
Area Ottawa
Rooms
Family Room No
Basement Unfinished
Kitchen 4
Interior
Interior Features Floor Drain, Water Heater
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 35.0
Lot Depth 99.0
Total Parking Spaces 3
Building
Foundation Stone
Listed by ROYAL LEPAGE TEAM REALTY
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