Home with brick exterior material, street for 395 Mcleod St, Ottawa Ontario K2P 1A5
5 hours on Market

395 Mcleod St, Ottawa, Ontario K2P 1A5

Townhouse
5
10
~2000-2500 sqft
$899,900
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Townhouse
5
10
~2000-2500 sqft

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Highlights

Property Estimate

Days on market5 hours

Estimated valueNot available

Price/Sqft$404/sqft

Monthly cost

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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 strong net income of $40,072.05. These figures reflect stable performance, efficient cost management, and dependable cash flow, making the property well suited for investors seeking both income reliability and long term value preservation.Centrally located, the property benefits from exceptional walkability and proximity to downtown Ottawa, Parliament Hill, major employment hubs, and key transit routes. The surrounding area is anchored by the vibrant commercial corridors of Bank Street and Elgin Street, offering a wide range of restaurants, retail, and daily amenities. This location continues to attract a diverse and stable tenant base, including government employees, professionals, and students, supporting consistent rental demand and favourable long term growth potential. With its strong financials and prime urban setting, 395 McLeod Street is a solid addition to a well balanced real estate investment portfolio.


Property Details

Style2-Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size3,465 Ac(99 x 35)
Parking Spaces3
MLS ®NumberX12735488
Community NameCity of Ottawa
Data SourceTRREB
Listing byROYAL LEPAGE TEAM REALTY

Features

Heating: Radiant
Basement: Unfinished

Features

Lot size: 3,465 Ac

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

Jan 28, 2026
ListedActive
$899,900
5 hours on market
history photo preview35
Listing by trreb®
Property listed by ROYAL LEPAGE TEAM REALTY, Brokerage
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Market Data - City of Ottawa

Geo Zone Map ThumbnailCity of Ottawa

Balanced Market

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Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

42 days

Compared to

2025

37 days

2024

39 days

2023

36 days

New Listings

Past 30 days

117 listings

Compared to

2025

120 listings

2024

120 listings

2023

139 listings

Units sold

Past 30 days

148 units

Compared to

2025

143 units

2024

160 units

2023

172 units

Median Sold Price

Past 30 days

$607,500

Compared to

2025

$615,000

2024

$535,500

2023

$550,000


What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget