85 Waverley Street E

Multi-family for sale in Ottawa Centre — $974,900

85 Waverley Street E — photo 1

Key facts

Description

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 $58,284.00. with approximately $20,866.67 in yearly expenses ( includes snow removal ). 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…

See the original listing at Century 21

Homes for sale in Ottawa Centre · Multi-family for sale in Ottawa Centre