ADAM MILLS REALTY TEAM

395 Mcleod Street Ottawa, Ontario K2P 1A5

5 Bedroom 10 Bathroom 2,000 - 2,500 ft2
Radiant Heat

$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:49712)

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


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