CAONOttawaCentretown305 Waverley St W
305 Waverley St W, Home with 13 bedrooms, 9 bathrooms and 9 parking in Ottawa ON | Image 1
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$2,599,000

305 Waverley St W, Ottawa, ON

Real Estate

For Sale

$--,---,---
1399
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage No
Taxes $24,891
Days Active 85
Lot Size 
Approx. Age 
MLS® Number X12132963

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Rare Investment Opportunity 9-Unit Multi-Family Property in Prime Downtown Ottawa! This rarely offered 9-unit investment property is a fantastic opportunity in one of Ottawa's most central and desirable neighbourhoods. The building consists of 4 two-bedroom units, 3 one-bedroom units, and 2 bachelor units, all featuring high ceilings, hardwood floors, and charming architectural details that add character and appeal. With below-market rents, this property presents an excellent opportunity for future rent increases, offering strong potential for greater returns. Each unit is separately metered for hydro, with tenants responsible for their own electricity, ensuring lower operational costs for the owner. The property is equipped with 9 hydro meters, 9 rented hot water tanks, and a rented natural gas boiler with radiator heating. A shared coin-operated laundry is conveniently located in the basement for additional income. The property also offers 9 surface parking spaces at the front and back, a rare feature in this prime downtown location. Sitting on over 5, 800 sq. Ft. Of valuable downtown development land, this site holds future potential for redevelopment or expansion. Ideally situated just minutes from the Museum of Nature, Downtown Ottawa, the Rideau Canal, and the Glebe, the property is within walking distance to grocery stores, banks, parks, and public transit, ensuring high demand among tenants. Don't miss this incredible opportunity to invest in a well-located, income-generating property with long-term potential currently bringing $181K in income!Show Description
MLS® NumberX12132963
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementFull
DrivewayGarage Type:None
Garage Spaces
HeatGas, Heat Pump
A/CNone
Heating Fuel

Extras

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