Mirna Botros
613-600-2626395 Mcleod Street - $849,900
395 Mcleod Street - $849,900
395 Mcleod Street
$849,900
4103 - Ottawa Centre
Ottawa, OntarioK2P1A5
5 beds
4 baths
3 parking
MLS#: X13856626Listed: about 2 hours agoUpdated:about 2 hours ago
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:58075)Details
Details for 395 Mcleod Street, Ottawa, Ontario- Property Type
- Multi Family
- Building Type
- Fourplex
- Storeys
- 2
- Neighborhood
- 4103 - Ottawa Centre
- Land Size
- 35 x 99 FT
- Year Built
- -
- Annual Property Taxes
- $8,187
- Parking Type
- No Garage
Inside
- Appliances
- Water Heater
- Rooms
- -
- Bedrooms
- 5
- Bathrooms
- 4
- Fireplace
- -
- Fireplace Total
- -
- Basement
- Unfinished, N/A
Building
- Architecture Style
- -
- Direction
- Cross Streets: Bank Street & McLeod. ** Directions: Right on McLeod from Gladstone, Property is on the right.
- Type of Dwelling
- fourplex
- Roof
- -
- Exterior
- Vinyl siding
- Foundation
- Stone
- Flooring
- -
Land
- Sewer
- Sanitary sewer
- Lot Size
- 35 x 99 FT
- Zoning
- -
- Zoning Description
- -
Parking
- Features
- No Garage
- Total Parking
- 3
Utilities
- Cooling
- None
- Heating
- Radiant heat, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- -
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 395 Mcleod Street, Ottawa, OntarioMap
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