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395 MCLEOD STREET

Ottawa, Ontario K2P1A5

$924,900 for sale



MLS®:
X12388016
Contract Days:
7
Community:
Ownership:
Property Type:
Fourplex
Total Size:
35 x 99 Acre
Built Date:
Parking:
3
Bedrooms:
5+
Bathrooms:
10
Interior Features

Construction Style:
Total Stories:
2
Total Bedrooms:
5
Bedrooms Above Ground:
5
Bedrooms Below Ground:
Total Bathrooms:
10
Whole Bathrooms:
10
Half Bathrooms:
Basement Type:
N/A (Unfinished)
Basement Development:
Unfinished
Appliances:
Water Heater
Exterior Features

Built Date:
Exterior Finish:
Vinyl siding
Foundation Type:
Stone
Utitilies

Heating Type:
Radiant heat
Heating Fuel:
Natural gas
Cooling Type:
Utility Water:
Municipal water
Sewer:
Sanitary sewer
Total Fireplaces:
Type
Level
Size

Note

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:19004)

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