For Sale

$2,999,000

305 WAVERLEY Street, Ottawa, ON K2P 0V9

Remarks

Rarely offered 9-unit investment property in Ottawa's central neighborhood! This multi-family building consists of 4 two-bedroom units, 3 one-bedroom units, and 2 bachelor units. All these spacious units feature hardwood floors, high ceilings, and plenty of character, providing ample opportunity for rent increases. The building offers stable cash flow and investment income, with current below-market rents presenting an opportunity for increased returns. All tenants are responsible for their hydro.The property boasts 9 hydro meters, 9 rented HWTs, a rented natural gas boiler with radiators, and a shared laundry in the basement with coin-operated washer and dryer. Additionally, there are 9 surface parking spaces at the front and back of the property. The site area spans over 5,800 square feet of highly valuable downtown development land.Conveniently located minutes away from the Museum of Nature, a short walk to Downtown, the Canal, and the Glebe, grocery stores, banks, and parks.

Property Summary

  • Neighbourhood: Centre Town
  • Annual Tax Amount: $24,891.00 (2023)
  • Lot Frontage: 17.96 Metre
  • Lot Depth: 30.14 Metre
  • No. of Parking Spaces: 9
  • Built in: 1927
  • Zoning: R4UD[478]

Property Features:

  • Additional Property Uses ICI:
    Apartment 5+Units
  • Amenities:
    Laundry
  • Basement Description:
    Full
  • Basement Dev:
    Partly Finished
  • Exterior Finish:
    Brick , Stone
  • Fire Protection:
    [] , []
  • Foundation:
    Stone
  • Roofing Type:
    Asphalt Shingle
  • Sewer Type:
    Sewer Connected
  • Title:
    Freehold
  • Water Supply:
    Municipal

Office Listing: 

Andrea Gil Sales Representative

Lifestyle
Neighbourhood Info
Leo Carlucci

Leo Carlucci

Sales Representative

Phone:  613.256.1860

Mobile:  613.761.0711

Fax:  613.256.3131

Royal LePage Team Realty, Brokerage (Independently owned and operated)

48 MILL STREET
ALMONTE,  ON K0A1A0

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