305 Waverley Street Ottawa, Ontario K2P 0V9

5,800 ft2
Hot Water Radiator Heat

$2,669,000

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! (id:50886)

Business

Business Type Residential
Business Sub Type Apartments
Name The McIntosh

Property Details

MLS® Number X12025303
Property Type Multi-family
Community Name 4103 - Ottawa Centre
Amenities Near By Public Transit, Recreation
Parking Space Total 9

Building

Age 51 To 99 Years
Appliances Hood Fan, Stove, Refrigerator
Heating Type Hot Water Radiator Heat
Size Exterior 5800 Sqft
Size Interior 5,800 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit, Recreation
Size Depth 98 Ft ,10 In
Size Frontage 58 Ft ,11 In
Size Irregular Bldg=58.92 X 98.9 Ft ; 0
Size Total Text Bldg=58.92 X 98.9 Ft ; 0
Zoning Description R4ud[478]

https://www.realtor.ca/real-estate/28037932/305-waverley-street-ottawa-4103-ottawa-centre

Contact Us

Contact us for more information

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Andrea Gil
Salesperson

(613) 220-8624

Royal LePage Team Realty
3101 Strandherd Drive, Suite 4
Ottawa, Ontario K2G 4R9

(613) 825-7653
(613) 825-8762
www.teamrealty.ca/

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