395 Mcleod Street — photo 1For sale

I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.

Ottawa · Ottawa Centre

395 Mcleod Street

Fourplex

MLS® #X13856626

Listed for$849,9003 days on market
5 bed 4 bath 3 parking 2000-2500 sq ft~$378/sq ft
  • New this week
  • Transit stop ~235.5 km
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Est. all-in monthly~$4,637/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

0 schools within ~1 km · nearest transit stop ~235.5 km

Property information
What house buyers ask first
Lot size
35 × 99 ft
Square footage
2000-2500 sq ft
Property tax
$8,187 / yr
Parking
3 spaces · None
Basement
Unfinished

Property summary

Property type
Fourplex
Style
2-Storey
Lot size
35 × 99 ft
Parking
3 spaces · None
Heating
Radiant
Air conditioning
None
Basement
Unfinished
Kitchens
4
Exterior
Vinyl Siding
Property tax
$8,187 / yr
MLS®
X13856626

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

138 Somerset Street W, Unit 408Condo Apartment

$299,900

Below recent sales

138 Somerset Street W, Unit 408

1 bed · 1 bath·600-699 sq ft·$643/mo fee

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Listed 4 days ago · Engel & Volkers Ottawa

475 Laurier Avenue W, Unit 606Condo Apartment

$269,000

Below recent sales

475 Laurier Avenue W, Unit 606

1 bed · 1 bath·500-599 sq ft·$586/mo fee

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Listed 2 days ago · Engel & Volkers Ottawa

203 Catherine Street, Unit 209Condo Apartment

$439,900

In line with recent sales

203 Catherine Street, Unit 209

2 bed · 2 bath·1000-1199 sq ft·1 parking·$1,012/mo fee

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Listed 3 days ago · Brad J. Lamb Realty Inc.

143 Arthur StreetDetached

$769,000

In line with recent sales

143 Arthur Street

4+1 bed · 2 bath·1500-2000 sq ft·2 parking

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Listed 4 days ago · Synercapital Investment Realty

429 Kent Street, Unit 108Condo Apartment

$415,000

Above recent sales

429 Kent Street, Unit 108

2 bed · 2 bath·700-799 sq ft·1 parking·$656/mo fee

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Listed 3 days ago · eXp Realty

360 Mcleod Street, Unit 905Condo Apartment

$449,900

Above recent sales

360 Mcleod Street, Unit 905

1 bed · 1 bath·600-699 sq ft·1 parking·$628/mo fee

Ottawa

Listed 5 days ago · Royal LePage Team Realty

The numbers that matter
The numbers that matter
Property tax
$8,187/yr
Est. all-in
~$4,637/mo
Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.
Schools

We list nearby schools as factual locations only. For this home, check the authoritative tools directly:

Browse schools near this home Nearby elementary & secondary schools, mappedCheck provincial results — EQAO Official Ontario assessment results, searchable by school
Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

  • Trent UniversityNearest transit · Bus stop~235.5 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Ottawa
$592KMedian sold
32Median days on market
98.2%Sale-to-list
Median sold price · Ottawa1-yr -7% · 3-yr -4%
Source: TRREB sold data via Repliers · all property types
Neighbourhood demographics — Ottawa
1,017,449Population (2021)
40Median age
$102,000Median household income
63.9%Home owners
36.1%Renters
2.5Avg household size
Source: Statistics Canada, 2021 Census
Description & details

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.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by ROYAL LEPAGE TEAM REALTY. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.