$2,499,000
Listed for $2,499,000 on Aug. 27, 2025

305 Waverley Street

Ottawa Centre

13 Bed|9 Bath|Yes|218 days on market

$2,499,000

Listed for $2,499,000 on Aug 27, 2025

Or call Dwelly at: (647) 797-1133

Home Details

Taxes
$2131 / month
Total Parking Spots
8
Garage Spaces
8
Furnished
No
Move-in Date
Flexible
Hydro Included
No
Heating
Heat Pump
Water Included
No
Family Room
Yes
Basement
Partially Finished
Fireplace
N
Air Conditioning
None
Central Vaccum
No
Exterior
Brick
Sewer
Sewer
Property Type
Residential Freehold

Listing 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 8 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.

About 305 Waverley Street, Ottawa Centre

Located at 305 Waverley Street , this Ottawa Centre house was listed for $2,499,000. It has 13 bedrooms and 9 bathrooms. The property includes the following rooms: . This property comes with 8 parking spots.


MLS#: undefined · $2,499,000 · 13 bedroom house in Ottawa Centre