48
See all 48 photos
$2,599,000
Est. payment /mo
13 Beds
9 Baths
New
305 WAVERLEY ST Ottawa Centre, ON K2P 0V9
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision 4103 - Ottawa Centre
MLS Listing ID X12132963
Style 3-Storey
Bedrooms 13
Building Age 51-99
Annual Tax Amount $24,891
Tax Year 2024
Property Sub-Type Multiplex
Property 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 neighborhoods. 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!
Location
Province ON
County Ottawa
Community 4103 - Ottawa Centre
Area Ottawa
Zoning R4UD[478]
Rooms
Family Room No
Basement Full
Kitchen 9
Interior
Interior Features Water Heater
Cooling None
Inclusions 9 Fridges, 9 Stoves, 9 Hood Fans
Exterior
Parking Features Front Yard Parking, Lane
Pool None
Roof Type Flat,Tar and Gravel
Lot Frontage 58.92
Lot Depth 98.9
Total Parking Spaces 9
Building
Foundation Stone
Others
Senior Community No
ParcelsYN No
Listed by ROYAL LEPAGE TEAM REALTY
GET MORE INFORMATION