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:39840)
Property Details
| MLS® Number | 1392598 |
| Property Type | Multi-family |
| Neigbourhood | Centre Town |
| Parking Space Total | 9 |
Building
| Constructed Date | 1927 |
| Exterior Finish | Stone, Brick |
| Foundation Type | Stone |
| Stories Total | 3 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 98 Ft ,11 In |
| Size Frontage | 58 Ft ,11 In |
| Size Irregular | 58.92 Ft X 98.9 Ft |
| Size Total Text | 58.92 Ft X 98.9 Ft |
| Zoning Description | R4ud[478] |
https://www.realtor.ca/real-estate/26908998/305-waverley-street-ottawa-centre-town
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May 17 2024 02:11:34
Ottawa Real Estate Board
Royal LePage Team Realty