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$974,900
Ontario,Ottawa
For Sale Active
85 WAVERLEY STREET E, Ottawa, Ontario K2P0V1
  • 5
  • 4
  • 2000 - 2500Square Feet
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Basic Details
Description

“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 close to $60, 408. with approximately $20, 948.96 in yearly expenses. 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:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13470236
  • Price: $974,900
  • Bedrooms: 5
  • Bathrooms: 4
  • Square Footage: 2000 - 2500 Sqft
  • Status: Active
  • Property Sub Type: Multi-family
  • Office Key: 291376
Features & Appliances
Features
  • Heating System: Forced air, Natural gas, Other
  • Cooling System: None, Window air conditioner
  • Basement: Partially finished, N/A, Full, Unfinished
  • Parking: No Garage
  • Exterior Features: Brick
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Ottawa, K2P0V1
  • Street: Waverley
  • Street Number: 85
  • Street Suffix: Street
  • Longitude: W76° 18' 57.4''
  • Latitude: N45° 25' 3.6''
  • Street Dir Suffix: East
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 30 x 93 FT
  • Stories: 3.0
Financial
  • Tax Annual Amount: 9038.89
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Listing updated: 2026-06-20 06:37:55
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Listing Information
  • List Agent Key: 1404466
  • List Office Key: 291376
  • Modification Timestamp: 2026-06-20T02:00:15Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2026-06-20T01:55:12Z
Powered by REALTOR.ca
Listing updated: 2026-06-20 06:37:55
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