397 Mcleod Street, Ottawa Centre, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 4103 - Ottawa Centre. Expertly crafted featuring premium stucco (plaster) and brick construction, this residence presents an exceptional opportunity offered at $650,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 31 x 99 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: None
- Efficient forced air heating via gas
Description
Welcome to 397 McLeod Street, a charming detached home nestled in the heart of Centretown, one of Ottawa's most walkable and sought-after neighbourhoods. This 3-bedroom, 1-bathroom residence offers an EXCELLENT walkability score and an R4S[479] zoning. Inside, the home features bright living and dining spaces with hardwood flooring and many windows that bring in ample natural light. The spacious kitchen includes stainless steel appliances, a central island, and warm vintage cabinetry, opening into a rear flex room ideal for extra storage, a home office, or a den. Upstairs, you'll find three well-proportioned bedrooms and a full bathroom with built-in cabinetry and storage. The basement, approximately 6ft in height, offers plenty of room for storage or future finishing potential, while the rear laneway provides private parking for two vehicles, a rare bonus in this location. This prime location places you steps away from the bustling Bank and Elgin Streets, renowned for their diverse dining, shopping, and entertainment options. Enjoy leisurely strolls to nearby green spaces like Dundonald Park and Jack Purcell Park, or immerse yourself in culture at the Canadian Museum of Nature. With excellent public transit links and a highly walkable environment, daily errands and commutes are effortlessly convenient. Experience the best of urban living in the heart of Ottawa. The house is in need of some TLC.
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Property Summary
This detached home located at 397 Mcleod Street, Ottawa Centre is currently for sale and has been available on SousaSells for 463 days. This property is listed at $650,000 with an estimated mortgage of $2,164* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 397 Mcleod Street, Ottawa Centre is in the 4103 - Ottawa Centre neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
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Features
Property Features
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Interior Features
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 397 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.
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About Purchasing a Home in Ottawa Centre, ON
For a property listed at $650,000 in Ottawa Centre, the legal minimum down payment is $40,000 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 $9,475 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 $9,475.
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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.