395 MCLEOD STREET|Ottawa, Ontario K2P1A5

CAD 924,900
For Sale MLS: X12388016

Property Details

Bedrooms

5

Bathrooms

10

Property Type

Multi-family

Description

MLS Number: X12388016

Property Details: • Type: Multi-family • Ownership Type: N/A • Bedrooms: 5 • Bathrooms: 10 • Building Type: Fourplex • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: No Garage • Parking Spaces: N/A

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. (41216477)

Agent Information: • Agents: Luigi Aiello • Contact: 613-277-1927 • Brokerage: ROYAL LEPAGE TEAM REALTY • Website: http://www.teamrealty.ca/

Time on Realtor: 23 hours ago

Location

Address

395 MCLEOD STREET|Ottawa, Ontario K2P1A5

City

Ottawa

Features and Finishes

None

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