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305 Waverley Street Ottawa, Ontario K2P 0V9

$2,999,000

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. (id:18965)

Property Details

MLS® Number 1392598
Property Type Multi-family
Neigbourhood Centre Town
ParkingSpaceTotal 9

Building

ConstructedDate 1927
ExteriorFinish Stone, Brick
FoundationType Stone
StoriesTotal 3
UtilityWater Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
SizeDepth 98 Ft ,11 In
SizeFrontage 58 Ft ,11 In
SizeIrregular 58.92 Ft X 98.9 Ft
SizeTotalText 58.92 Ft X 98.9 Ft
ZoningDescription R4ud[478]

https://www.realtor.ca/real-estate/26908998/305-waverley-street-ottawa-centre-town

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Andrea Gil
Salesperson


Royal LePage Team Realty
3101 Strandherd Drive, Suite 4
Ottawa, Ontario K2G 4R9

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