ON > Ottawa Centre > 4103 - Ottawa Centre
Ottawa Centre, ON K2P 0V9,305 Waverley ST
Ottawa Centre, ON K2P 0V9,305 Waverley ST
Ottawa Centre, ON K2P 0V9,305 Waverley ST
Ottawa Centre, ON K2P 0V9,305 Waverley ST
Ottawa Centre, ON K2P 0V9,305 Waverley ST
Ottawa Centre, ON K2P 0V9,305 Waverley ST
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Mike Taylor

Mike Taylor

+1(705) 985-1110
$ 2,599,000
Est. payment | /mo

13 Beds

9 Baths

Save
$ 2,599,000
Est. payment | /mo
Save

13 Beds

9 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision 4103 - Ottawa Centre

MLS Listing ID X12365393

Style 3-Storey

Bedrooms 13

Annual Tax Amount $25,565

Tax Year 2025

Property Sub-Type Multiplex

Property Description

Exceptional 9-unit multi-family property in the heart of Downtown Ottawa. Offering 4 two-bedroom units, 3 one-bedroom units, and 2 bachelor units, each featuring very spacious layouts, soaring ceilings, hardwood floors, and charming architectural details. Major upgrades include a new roof (2025). Each unit is separately metered for hydro, with tenants paying their own electricity, keeping operating costs low. Features include 9 hydro meters, 9 rented hot water tanks, a rented natural gas boiler with radiator heating, coin-operated laundry, and 9 surface parking spaces. Currently generating over $182,000 annually, with significant upside through rent increases as many units remain below market. Set on over 5,800 sq. ft. of valuable land, this property also offers strong long-term potential for redevelopment or expansion. The neighbourhood is one of Ottawa's most desirable: steps to the Museum of Nature, the Rideau Canal, Elgin Streets vibrant shops and restaurants, the Glebe, parks, schools, and excellent transit. Always in demand among professionals, retirees, and students, this location ensures strong tenant retention and future rent growth. A rare opportunity to acquire a centrally located, income-generating property with spacious units, proven performance, and outstanding upside potential.

Location

Province ON

County Ottawa

Community 4103 - Ottawa Centre

Area Ottawa

Rooms

Family Room No

Basement Partially Finished

Kitchen 9

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Tar and Gravel

Lot Frontage 59.0

Lot Depth 99.0

Total Parking Spaces 9

Building

Foundation Stone

Listed by ROYAL LEPAGE TEAM REALTY
Mike Taylor

We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.

+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON, L4M 3B4, CAN

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305 Waverley ST