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    For Sale - 85 Waverley Street, Ottawa Centre, Ontario

    Est payment $4,681/mo
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    Views   2
    Time on Jump  17 day

    AI Summary *

    • Located on a desirable urban street near Rideau Canal and local amenities.
    • Currently three well-rented units generating significant annual rental income.
    • Quiet residential street with friendly long-term neighbors and community feel.
    • Rear lane access provides parking and convenient year-round accessibility.
    • Flexible investment with potential for updates or future owner occupancy.




    "walkable lifestyle. Reliable investment." on one of most desirable urban streets, just steps from the rideau canal and moments to the cafés, restaurants, boutiques, and everyday conveniences of golden triangle and elgin street, this brick house ( presently 3 units) presents a rare opportunity for both investors and future owner-occupiers a like. The building showcases attractive heritage-inspired brick detailing. Fully rented and excellent tenant's. Set on a quiet residential street lined with attractive homes and long-term neighbors, the property benefits from a location that continues to attract high-quality tenants seeking an urban lifestyle centered around walkability, green space, and community connection. The building comprises well-rented units with excellent tenants currently in place, generating annual rental income of close to $60,408. With approximately $20,948. 96 in yearly expenses. Rear laneway access provides parking and year-round convenience, with the lane maintained and plowed in winter months. Beyond the existing income potential, the property also offers long-term upside and flexibility. Whether maintained as a stable investment property, gradually updated to further enhance revenue potential, or eventually reimagined as a future owner-occupied residence with income support, the combination of location, lot size, brick construction, and neighborhood demand creates a compelling opportunity for growth over time. With a 30 x 93 ft lot, rear lane access and one of ottawa's most walkable urban settings, this is the kind of property that rarely loses relevance - a smart investment today and an exciting opportunity for the future. 3 units - one per floor - 3rd floor unit access at rear . Rear lane allows for easy access -3 car parking. As well a shared right of way driveway with 89 waverley. . Zoning n4b(478) showing times 24 hour notice.
    Listing IDX13470236
    Address85 Waverley Street
    CityOttawa Centre, Ontario
    Price$974,900
    Bed / Bath5 / 4 Full
    Style3-Storey, Multiplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features OtherAmenities Arts Centre, Public Transit, School Bus RouteOwnership FreeholdWaterfront IndirectBasement Full, Unfinished, Partially FinishedFoundation Stone, OtherHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Agency:  ENGEL & VOLKERS OTTAWA

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    85 Waverley Street
    Ottawa Centre , Ontario
    5 4 $974,900
    Get more info