305 Waverley Street, Ottawa

Heating: Heat Pump Natural gas
Structure Type: Other
Exterior Features: Brick

Bedrooms: 13
Bathrooms: 9
Living area: 5800 square feet
Added: 1 week ago
Updated: 1 week ago
Last Checked: 19 hours ago
Listed by: ROYAL LEPAGE TEAM REALTY
View All Photos

Listing description
This Other at 305 Waverley Street Ottawa, ON with the MLS Number x12365393 which includes 13 beds, 9 baths and approximately 5800 sq.ft. of living area listed on the Ottawa market by Andrea Gil - ROYAL LEPAGE TEAM REALTY at $2,599,000 1 week ago.

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 9 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. (id:1945)

Property Details Key information about 305 Waverley Street