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    For Sale - 305 Waverley Street, Ottawa Centre, Ontario

    Est payment $12,387/mo
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    Time on Jump  89 day

    AI Summary *

    • 9-unit multi-family property in the heart of Downtown Ottawa.
    • Spacious layouts with hardwood floors and charming architectural details.
    • Low operating costs as units are separately metered for hydro.
    • Strong rental income with potential for increases and tenant retention.
    • Desirable location close to attractions, shops, parks, and transit.




    Exceptional 9-unit multi-family property in the heart of downtown ottawa. Offering 4 two-bedroom units, 3 one-bedroom units, and 2 bachelor units, each featuring very spacious layouts, soaring ceilings, hardwood floors, and charming architectural details. Major upgrades include a new roof (2025). Each unit is separately metered for hydro, with tenants paying their own electricity, keeping operating costs low. Features include 9 hydro meters, 9 rented hot water tanks, a rented natural gas boiler with radiator heating, coin-operated laundry, and 8 surface parking spaces. Currently generating over $182,000 annually, with significant upside through rent increases as many units remain below market. Set on over 5,800 sq. Ft. Of valuable land, this property also offers strong long-term potential for redevelopment or expansion. The neighbourhood is one of ottawa's most desirable: steps to the museum of nature, the rideau canal, elgin streets vibrant shops and restaurants, the glebe, parks, schools, and excellent transit. Always in demand among professionals, retirees, and students, this location ensures strong tenant retention and future rent growth. A rare opportunity to acquire a centrally located, income-generating property with spacious units, proven performance, and outstanding upside potential.
    Listing IDX12365393
    Address305 Waverley Street
    CityOttawa Centre, Ontario
    Price$2,499,000
    Bed / Bath13 / 9 Full
    Style3-Storey, Multiplex
    ConstructionBrick
    Land Size0.13
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features NoneOwnership FreeholdBasement Partially FinishedFoundation StoneHeating / Cooling Heat PumpHeating Fuel GasSewer Sewer

    Parking 8.00
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    Listing Agency:  ROYAL LEPAGE TEAM REALTY
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    305 Waverley Street
    Ottawa Centre , Ontario
    13 9 $2,499,000
    Get more info