395 Mcleod Street
Ottawa, Ontario
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. (id:50982)
646 – 340 Mcleod Street
Ottawa, Ontario
Experience stylish urban living in the heart of Centretown with this bright and modern 1 bedroom + DEN corner-unit condo. Featuring a sought after industrial-inspired design, this impressive unit showcases soaring ceilings, exposed ductwork, and expansive floor-to-ceiling windows that flood the living and dining areas with natural light. The spacious den also benefits from a large window, making it an ideal home office, creative space, or guest area.The open-concept layout is enhanced by hardwood flooring throughout, while the contemporary kitchen offers quartz countertops, stainless steel appliances, and ample workspace for cooking and entertaining. The well-appointed bathroom features an oversized walk-in shower, and the unit offers the convenience of in-unit laundry. Residents enjoy access to exceptional building amenities, including an outdoor saltwater pool, landscaped patio with lounge areas, fireplace and BBQ facilities, a fully equipped fitness centre, party room, and private theatre.Ideally located steps from restaurants, cafés, shops, parks, transit, and all the conveniences of downtown Ottawa, this condo offers the perfect blend of modern design, comfort, and city living. (id:50982)
625 Somerset Street W
Ottawa, Ontario
Exceptional restaurant opportunity in the heart of Ottawa’s vibrant Chinatown! This well-established business, Jadeland, is now available for sale (Business Only), offering a seamless transition for the next owner into one of the city’s most iconic commercial corridors. The current owner has operated here for a remarkable 29 years! The unit features a functional layout with around 900 sq. ft. of dining space accommodating 11 tables and seating for 50-60 customers, complemented by an expansive 600 sq. ft. professional kitchen designed for high-volume service. Additionally, a basement provides ample storage space. The listing price includes all existing equipment, ensuring a truly turn-key operation from day one. Situated in a prime location with heavy pedestrian and vehicular traffic, this property enjoys unparalleled exposure and is steps away from diverse shops, residential hubs, and the LRT. 8 parking spaces available! Financial statements are available for qualified buyers upon request. Whether you choose to maintain the successful Jadeland legacy or introduce a fresh new culinary concept, this is a rare chance to secure a prominent foothold in a high-demand neighborhood. (id:50982)
208 – 203 Catherine Street
Ottawa, Ontario
SoBa – an architecturally striking condominium located in Ottawa’s vibrant Centretown. Unit 208 offers a functional studio layout with a designated sleeping area, providing separation from the main living space. 9-ft exposed concrete ceilings and engineered hardwood flooring, creates a contemporary aesthetic while floor-to-ceiling windows contribute natural light and enhance the sense of openness within the space. The modern kitchen is equipped with quartz countertops, streamlined cabinetry, and stainless steel appliances, including a gas cooktop and built-in oven. The bathroom offers clean, contemporary finishes designed for practicality and ease of maintenance. Additional conveniences include in-suite laundry and individually controlled heating and air conditioning. Residents of SoBa enjoy access to a selection of well-appointed building amenities, including an outdoor pool with terrace, fully equipped fitness centre, party and meeting rooms, concierge service, security, and secure bicycle storage. This prime location offers exceptional walkability. Residents are steps from a wide range of shops, cafés, restaurants, and everyday amenities. The neighbourhood provides easy access to the Glebe, Lansdowne Park, Elgin Street, and the scenic Rideau Canal, offering year-round recreation and entertainment. Public transit is readily available, simplifying commuting to downtown offices, Carleton University, and the University of Ottawa. (id:50982)
276 Elgin Street
Ottawa, Ontario
Great opportunity for to own and operate a long established and community respected florist shop on Elgin Street in the Golden Triangle area of Ottawa. Good customer base with great walk in business on the busiest pedestrian portion of Elgin Street. The owner has been operating the shop in the same location for the past 26 years and is now ready to retire. All chattels, customer list and website included in the list price. the owner will remain for a brief period of time to assist with the takeover and introduce commercial clients. Potential for increased sales with longer operating hours. Landlord approval required for new tenant and lease renewal. VISIT WEBSITE belfioreflowers.ca (id:50982)
514 Lyon Street N
Ottawa, Ontario
Welcome to 514 Lyon St, a turn-key 5-unit investment property ideally located in the heart of Centretown, one of Ottawa’s most desirable and consistently strong rental markets. Generating $97,740 in gross annual income at a 5.8% cap rate, this well-maintained asset offers investors a rare opportunity to assume approximately $1.049M in existing financing at an attractive 4.25% interest rate with a 40-year amortization until June 1, 2030, providing a significant financing advantage in today’s market. The property has undergone extensive recent upgrades, including fully renovated units throughout, new windows installed in 2023, and a new furnace and hot water tank installed in 2023. With all major capital improvements completed and the remaining building components in good condition, this is a true turn-key investment requiring minimal near-term capital expenditure. Located within walking distance of downtown Ottawa, transit, shops, restaurants, government offices, and major employment centres, 514 Lyon St benefits from strong rental demand and an unbeatable urban location. The property also comes with 3 parking spaces across the two driveways on site. This is an exceptional opportunity to acquire a stabilized multi-residential asset with strong income, attractive assumable financing, and significant recent improvements in one of Ottawa’s premier rental neighbourhoods. Unit B, D, and E are currently vacant (rent is projected based on prior leases) – these units can be leased prior to closing or held vacant for the purchaser. (id:50982)
514 Lyon Street N
Ottawa, Ontario
Welcome to 514 Lyon St, a turn-key 5-unit investment property ideally located in the heart of Centretown, one of Ottawa’s most desirable and consistently strong rental markets. Generating $97,740 in gross annual income at a 5.8% cap rate, this well-maintained asset offers investors a rare opportunity to assume approximately $1.049M in existing financing at an attractive 4.25% interest rate with a 40-year amortization until June 1, 2030, providing a significant financing advantage in today’s market. The property has undergone extensive recent upgrades, including fully renovated units throughout, new windows installed in 2023, and a new furnace and hot water tank installed in 2023. With all major capital improvements completed and the remaining building components in good condition, this is a true turn-key investment requiring minimal near-term capital expenditure. Located within walking distance of downtown Ottawa, transit, shops, restaurants, government offices, and major employment centres, 514 Lyon St benefits from strong rental demand and an unbeatable urban location. The property also comes with 3 parking spaces across the two driveways on site. This is an exceptional opportunity to acquire a stabilized multi-residential asset with strong income, attractive assumable financing, and significant recent improvements in one of Ottawa’s premier rental neighbourhoods. Unit B, D, and E are currently vacant (rent is projected based on prior leases) – these units can be leased prior to closing or held vacant for the purchaser. (id:50982)
307 – 390 Booth Street
Ottawa, Ontario
Welcome to Z6 Urban Lofts, this bright and inviting end-unit condo in one of Ottawa’s most exciting and rapidly evolving and desirable neighbourhoods. This is a fantastic opportunity to own in an area experiencing significant redevelopment and growth. Enjoy this beautiful unit, featuring spacious private balcony with the best of both worlds, partially covered, open to soak up the sun, with a view of trees. Inside, you’ll appreciate the functional layout and abundance of natural light, 9ft ceilings, hardwood floors. Neutral colours throughout, kitchen features light cupboards, granite countertops & tile backsplash. Situated in a smaller, well-maintained building, this condo offers a more intimate and vibrant community, oriented atmosphere than many larger high-rise developments. The location is unbeatable, just minutes from Chinatown, Little Italy, Lebreton Flat’s, 417, Hintonburg, Dow’s Lake, downtown Ottawa, trendy cafés, restaurants, new Public Library, and everyday amenities. Commuters will appreciate the excellent transit access, including a short walk to both Pimisi and Corso Italia LRT stations, plus a bus stop conveniently located right outside the building. Outdoor enthusiasts will love the nearby bike paths and easy access to parks and recreation. In-unit Laundry, generous storage space in unit & a rare bonus includes two storage lockers-one conveniently located on the same floor as the unit and another in the basement, perfect for seasonal items, bicycles, and extra storage needs. Whether you’re a first-time buyer, investor, or downsizer, this well located condo offers exceptional value, lifestyle, and future potential. You don’t want to miss this one! (id:50982)
2001 – 40 Nepean Street
Ottawa, Ontario
Live, work and play in one of Ottawa’s hottest neighbourhoods! Only steps away from shopping, restaurants and more! Come live in this 735 SF super trendy 1 bed/1 bath corner unit in the sky, featuring breathtaking views of our nations Capital! Blackout blinds in bedroom. Enjoy your VIP lifestyle with club like amenities such as concierge service, indoor pool, full gym, party/meeting room, guest suites. Farm Boy on ground floor, access from parking garage as well. Underground parking and storage locker included! Non smoking unit, no pets. Flooring: Hardwood, Tile. Parking Space #54, Locker #133 (id:50982)
634 Gladstone Avenue
Ottawa, Ontario
This exceptional parkside property offers a rare blend of urban character, immediate cash flow, and premium location. Operating as a fiveplex with a non-conforming fifth basement suite (property taxes from the city come for five units), the building features a highly rentable layout anchored by a large two bedroom unit with a spacious living area, and a mix of different sized one bedroom apartments. Location is an incredible selling point here, sitting directly in front of a vibrant park and community recreation centre, being one of the greenest areas in downtown environment, just a short walk to the best of Chinatown, Little Italy, and the Glebe. The investment delivers total peace of mind with approximately $64,020 in yearly rent income, fully occupied by respectful young professionals. This property has been meticulously maintained with high-value updates already completed, including a new roof and eavestroughs in November 2023, an updated main electrical panel in 2015, and a steady history of interior refreshes to the flooring, washrooms, and appliances. This is a turnkey addition to any portfolio, offering massive long term value and clear rental upside based on its irreplaceable setting and solid condition. The lot comes with two parking spaces: one is designated for tenant use, and the other is a legal easement reserved for the neighboring property. (id:50982)
360 Gilmour Street
Ottawa, Ontario
Welcome to 360 Gilmour Street, a beautifully maintained century duplex offering spacious living, strong rental income, and excellent long-term investment potential in one of Ottawa’s most desirable urban neighbourhoods. Ideal for investors or buyers looking to live in one unit while generating income from the other, this property offers versatility, valuable parking revenue, and long-term value in a prime Centretown location.This classic brick duplex offers approximately 1,880 sq ft of interior space and generates a combined monthly residential rental income of $4,044.41, increasing to $4,128/month effective August 1, 2026, plus an additional $700/month in parking revenue from surplus parking spaces. Unit 1 offers 1 bedroom, 1.5 bathrooms, 1 parking space, and an enclosed backyard porch. Unit 2 features 3 bedrooms, 2 bathrooms, and 1 parking space, providing flexible living arrangements attractive to long-term tenants. Heat and water are included in both units, with tenants responsible for hydro.A rare feature for downtown Ottawa, the property includes 9 total parking spaces, creating additional revenue potential and enhancing long-term value.Major upgrades include triple-glazed windows (2023), boiler system (2024), roof replacement (2013), replaced plumbing stacks, R12 foam insulation in the basement (2017), and ongoing improvements throughout ownership, offering peace of mind and reduced future capital costs.Located in the heart of Centretown, residents enjoy walkingaccess to Bank Street and Elgin Street with cafés, restaurants, boutiques, parks, transit, downtown offices, and everyday amenities nearby. Just minutes from the Rideau Canal, Parliament Hill, and the University of Ottawa, this highly walkable location continues to attract professionals and quality tenants. Don’t miss this opportunity to own a character-filled duplex in one of Ottawa’s most vibrant neighbourhoods. Also available 356 Gilmour St. as another excellent investment opportunity. Approx-Dim. (id:50982)
901 – 374 Cooper Street
Ottawa, Ontario
Discover this beautifully renovated corner suite featuring 2 bedrooms and 1.5 bathrooms, offering approximately 1,200 sq. ft. of open-concept living and dining space, along with a spacious 16 ft. balcony equipped with a gas BBQ hook-up. With only three units per floor and nearly all-inclusive condo fees, Metropolitan 11, built by Domicile, is an ideal place to call home. Experience exceptional living in Centretown, one of Ottawa’s most sought-after neighbourhoods, known for its walkability, convenience, and vibrant urban lifestyle. This location is close to Ottawa universities, Parliament Hill, the Rideau Canal, parks, grocery stores, dining options, and cultural attractions. This suite features windows on three sides, 9-foot ceilings, hardwood floors, a cozy gas fireplace, custom shelving throughout, a striking primary feature wall, and ample storage, including in-suite laundry with MIELE machines. The updated chef’s kitchen is a highlight, showcasing five high-end MIELE appliances, Corian countertops, upgraded cabinetry, a hidden dishwasher, a pantry pull-out, a garbage pull-out, a breakfast bar, a large sink, a coffee station, and large drawers for storing appliances and cookware. The spacious primary bedroom includes a full ensuite bathroom (with tub and shower), double closets, and both regular and blackout blinds. The large second bedroom features blinds and a full closet. Condo fees include water, heat, snow removal, one dedicated outdoor parking space, a storage locker, bike storage, five visitor parking spots, and access to a common outdoor space. The condo reconciles the individual unit use several times per year, & sometimes you get a condo fee rebate! There’s also NO pesky monthly hot water tank rental fee. Enjoy the on-site weekly management for added convenience and peace of mind. 12-hour irrevocable on all offers. (id:50982)
Centretown Real Estate Agents
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Paul Rushforth Real Estate
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About Centretown
Looking for a home in Centretown? This vibrant urban neighbourhood sits at the heart of Downtown Ottawa, offering condos, townhomes, and heritage properties within walking distance of the ByWard Market, Elgin Street, and the city’s best dining and transit. It’s an ideal fit for professionals and downsizers who want to be close to everything.


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