
Welcome to this remarkable 2-Storey fourplex located in the coveted neighborhood of Ottawa Centre. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $869,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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.
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This fourplex located at 395 Mcleod Street, Ottawa Centre is currently for sale and has been available on SousaSells for 101 days. This property is listed at $869,900 with an estimated mortgage of $2,896* per month. It has 5 beds, 4 bathrooms, and is 2000-2500 square feet. 395 Mcleod Street, Ottawa Centre is in the Ottawa Centre neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Ottawa Centre, Ottawa Centre.
Growing families needing multi-bedroom flexibility and space in Ottawa Centre, Ottawa Centre.
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No historical data available for this property.
This could be the first listing for this address.
If you are looking for a house in Ottawa Centre or researching Ottawa Centre real estate for sale, this 5-bedroom fourplex at 395 Mcleod Street, Ottawa Centre, ON offers an exceptional opportunity to buy a home in Ottawa Centre, Ontario. Whether you are a first-time Ottawa Centre home buyer or comparing active Ottawa Centre MLS® homes for sale, working with a dedicated Ottawa Centre buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
Browse all verified Ottawa Centre real estate listings, compare active Ottawa Centre houses for sale, and view brand new MLS® inventory before it hits the open market.
Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Ottawa Centre realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Estimated mortgage: $2,896*/month*. Estimated Ontario Land Transfer Tax: $13,873. First-time Ottawa Centre home buyers may qualify for up to $8,475 in rebates.
The current listing price for 395 Mcleod Street, Ottawa Centre, ON in Ottawa Centre, Ottawa Centre is $869,900.
This property features 5 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.
395 Mcleod Street, Ottawa Centre, ON is a Fourplex (2-Storey) featuring a Unfinished basement.
Key property features include: Public Transit.
Interior highlights include: Floor Drain, Water Heater.
Yes, this property offers parking space for 3.0 vehicles (None).
Heating is provided via Gas and cooling via None.
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Ottawa Centre, Ottawa Centre
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Data-driven valuation for 395 Mcleod Street, Ottawa Centre, ON K2P 1A5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ottawa Centre.
About Purchasing a Home in Ottawa Centre, ON
For a property listed at $869,900 in Ottawa Centre, the legal minimum down payment is $61,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,873 for this transaction. As this listing is in Ottawa Centre (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $13,873.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Ottawa Centre, Ottawa Centre.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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