85 Waverley ST E, Ottawa Centre, ON K2P 0V1
85 Waverley ST E, Ottawa Centre, ON K2P 0V1
85 Waverley ST E, Ottawa Centre, ON K2P 0V1
6
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$974,900
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5 Beds
4 Baths
New

85 Waverley ST E Ottawa Centre, ON K2P 0V1

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Dania Parker-Smith

Dania Parker-Smith

+1(519) 495-5951

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 4104 - Ottawa Centre/Golden Triangle

MLS Listing ID X13470236

Style 3-Storey

Bedrooms 5

Annual Tax Amount $9,038

Tax Year 2026

Property Sub-Type Multiplex

Property 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 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.

Location

Province ON

County Ottawa

Area Ottawa

Rooms

Family Room No

Basement Full, Unfinished, Partially Finished

Kitchen 3

Interior

Interior Features Other

Cooling None, Window Unit(s)

Fireplace No

Heat Source Gas

Exterior

Parking Features Private, Right Of Way, Lane

Pool None

Waterfront Description Indirect

Roof Type Shingles

Lot Frontage 30.0

Lot Depth 93.0

Total Parking Spaces 3

Building

Building Age 100+

Unit Features Arts Centre,Public Transit,School Bus Route

Foundation Stone, Other

Others

ParcelsYN No

Listed by ENGEL & VOLKERS OTTAWA

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85 Waverley ST E