For Sale: 85 Waverley Street E, Ottawa, ON - REW
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$974,900
5 bd • 4 ba • 2000 - 2499 sf • Multifamily
85 Waverley Street E
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$974,900
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85 Waverley Street EOttawa, ON, K2P 0V1

Centretown
  • 5 Bed
  • 4 Bath
  • 2000 - 2499 Sqft
  • Multifamily

About this home

"Walkable Lifestyle. Reliable Investment." On one of most desirable urban streets, just steps from the Rideau Canal and moments to the cafés, restaurants, boutiques, and everyday conveniences of Golden Triangle and Elgin Street, this brick house ( presently 3 units) presents a rare opportunity for both investors and future owner-occupiers a like. The building showcases attractive heritage-inspired brick detailing. Fully rented and excellent tenant's. Set on a quiet residential street lined with attractive homes and long-term neighbors, the property benefits from a location that continues to attract high-quality tenants seeking an urban lifestyle centered around walkability, green space, and community connection. The building comprises well-rented units with excellent tenants currently in place, generating annual rental income of $58,284.00. with approximately $20,866.67 in yearly expenses ( includes snow removal ). Rear laneway access provides parking and year-round convenience, with the lane maintained and plowed in winter months. Beyond the existing income potential, the property also offers long-term upside and flexibility. Whether maintained as a stable investment property, gradually updated to further enhance revenue potential, or eventually reimagined as a future owner-occupied residence with income support, the combination of location, lot size, brick construction, and neighborhood demand creates a compelling opportunity for growth over time. With a 30 x 93 ft lot, rear lane access and one of Ottawa's most walkable urban settings, this is the kind of property that rarely loses relevance - a smart investment today and an exciting opportunity for the future. 3 units - one per floor - 3rd floor unit access at rear . Rear Lane allows for easy access -3 car parking. As well a shared right of way driveway with 89 Waverley. .Zoning N4B(478) Showing times 24 hour notice. (id:63626)
Listed by: Julie Teskey, Salesperson, ENGEL & VOLKERS OTTAWA

Home facts and features

Price details
List Price
$974,900
Get Pre-Approved
Gross Taxes for 2026
$9,039
Home facts
Bedrooms
5
Full Bathrooms
4
Parking Spaces
3
Parking Details
No Garage
Property Type
Multifamily
Depth
93 feet
Frontage
30.0 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas, Other
Cooling
Window air conditioner,
Basement Details
Partially finished, Unfinished, Full, ,
Features
Lane
Appliances
Dishwasher, Dryer, Refrigerator, Two stoves, Washer
Community
Agent details
Primary Agent
Julie Teskey
Primary Broker
ENGEL & VOLKERS OTTAWA
Secondary Agent
Secondary Broker
ENGEL & VOLKERS OTTAWA
Listing details
Days on REW
33 Days
Property Views
14
MLS® Number
X13470236
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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25 Years
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Property Insights

Elgin Street Public School
  • Public
  • JK - 6
Lisgar Collegiate Institute
  • Public
  • 9 - 12
Viscount Alexander Public School
  • Public
  • JK - 6
Lady Evelyn Alternative School
  • Public
  • JK - 6
Immaculata School
  • Catholic
  • K - 12
ÉEP Francojeunesse
  • Public
  • JK - 6
Glashan Public School
  • Public
  • 7 - 8
First Avenue Public School
  • Public
  • JK - 6
York Street Public School
  • Public
  • JK - 8
É Élém C Sainte-Anne
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Julie Teskey
Phone:
(613) 859-6599
Office:
613-422-8688
Salesperson
Stephanie Cartwright
Phone:
(613) 296-6708
Office:
613-422-8688
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