85 Waverley Street E,Ottawa Centre, ON K2P 0V1
Ottawa Centre, ON K2P 0V1
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 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.
Details
| MLS # | X13470236 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 64 |
| Listing Provided By | ENGEL & VOLKERS OTTAWA | X13470236 487802 |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 |
| Basement | Y |
| Story(s) | 3 |
| Acreage | 0.06 |
| Water Front | Indirect |
Interior
| Interior Features | Other |
|---|---|
| Cooling | None, Window Unit(s) |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Shingles |
|---|---|
| Foundation Details | Stone, Other |
| Construction Materials | Brick |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Private, Right Of Way, Lane |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 9038.89 |
|---|---|
| Tax Legal Description | Pt lot 62 pl155568 |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| Region | Ottawa |
| City | Ottawa Centre |
| Postal Code | K2P 0V1 |
| Area | 4104 Ottawa Centre | Golden Triangle |
| Listing VS Median (in K2P 0V1) | |
Price: $974,900 low | high Med: $0 On site: 64 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Ottawa |
| City | Ottawa Centre |
| Postal Code | K2P 0V1 |
| Area | 4104 Ottawa Centre | Golden Triangle |
| Listing VS Median (in K2P 0V1) | |
Price: $974,900 low | high Med: $0 On site: 64 low | high Med: | |
