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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$974,900
Available - For Sale
Listing ID: X13470236
"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.
Price $974,900
Taxes: $9,038.89
Occupancy by: Tenant
Address: 85 Waverley Street East , Ottawa Centre, K2P 0V1, Ottawa
Directions/Cross Streets: Macdonald-Robert
Rooms: 15
Bedrooms: 5
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: Full
Unfinished
No. of Pieces Level
Washroom 1 4 Third
Washroom 2 4 Second
Washroom 3 4 Third
Washroom 4 3 Basement
Washroom 5 0
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private, R
Drive Parking Spaces: 3
Park #1
Parking Type: Private, R
Park #2
Parking Type: Private
Park #3
Parking Type: Right Of W
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 2000-2500
Property Features: Arts Centre
Public Transit
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None, Windo
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Water: Water Sys
Water Supply Types: Water System
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ENGEL & VOLKERS OTTAWA

85 Waverley Street East , Ottawa Centre, K2P 0V1, Ottawa

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Ottawa
Municipality: Ottawa Centre
Neighbourhood: 4104 - Ottawa Centre/Golden Triangle
Style: 3-Storey
Lot Size: x 93.00(Feet)
Approximate Age: 100+
Tax: $9,038.89
Maintenance Fee: $0
Beds: 5
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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