305 WAVERLEY STREET, Ottawa, Ontario, K2P 0V9

MLS® # X12365393

Investment For Sale In Centretown, Ottawa, Ontario

$2,499,000

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305 Waverley Street, Ottawa, ON - Outdoor With Facade

305 Waverley Street, Ottawa, ON - Outdoor

305 Waverley Street, Ottawa, ON - Outdoor With Exterior

305 Waverley Street, Ottawa, ON - Indoor Photo Showing Other Room

305 Waverley Street, Ottawa, ON - Indoor Photo Showing Laundry Room

305 Waverley Street, Ottawa, ON - Indoor Photo Showing Living Room With Fireplace

305 Waverley Street, Ottawa, ON - Indoor

305 Waverley Street, Ottawa, ON - Indoor Photo Showing Kitchen

305 Waverley Street, Ottawa, ON - Indoor Photo Showing Bedroom

305 Waverley Street, Ottawa, ON - Indoor Photo Showing Office

305 Waverley Street, Ottawa, ON - Indoor With Fireplace

305 Waverley Street, Ottawa, ON - Indoor Photo Showing Living Room

305 Waverley Street, Ottawa, ON - Indoor Photo Showing Bathroom

305 Waverley Street, Ottawa, ON - Indoor Photo Showing Dining Room

305 Waverley Street, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink

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305 WAVERLEY STREET, Ottawa, Ontario, K2P 0V9

$2,499,000

Property Information:

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. (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Air Conditioning: Yes
Basement Development: Partially finished
Basement Type: N/A
Exterior Finish: Brick
Floor Space: 5000 - 100000 sqft
Foundation Type: Stone
Heating Type: Heat Pump, Not known
Heating Fuel: Electric, Natural gas
Cooling Type: None
Appliances: Hood Fan, Stove, Refrigerator

Property Features:

Property Type: Multi-family
Bedrooms: 13
Bathrooms: 9
Floor Space (approx): 5000 - 100000 Square Feet
Irregular: Yes
Lot Size: 59 x 99 Acre
Utility Type: Cable - Available, Sewer - Installed, Hydro - Installed
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 8

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

Rating:

Notes:

Andrea Gil

Sales Representative Royal LePage Team Realty , Brokerage*

Mobile:613.220.8624

View All of Andrea's Listings

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Market Price Trends

All Properties

1.04%

Price change (1 year)

12.05%

Price change (5 years)

Location of 305 WAVERLEY STREET, Ottawa, Ontario, K2P 0V9

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 305 WAVERLEY STREET , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past

31.2℃

2050

34.7℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 305 WAVERLEY STREET , experiences 11 significant 2-day storms per year, with about 319.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 408.5mm of precipitation per year.

Precipitation Per Storm

Past

319.2mm

2050

408.5mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 305 WAVERLEY STREET, Ottawa, Ontario, K2P 0V9

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$155,211.39

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

4.49 %

High school certificate or equivalent

19.71 %

Apprenticeship trade certificate/diploma

2.06 %

College/non-university certificate

14.34 %

University certificate (below bachelor)

2.7 %

University Degree

56.69 %

Commuter

Travel To Work

By Car

36.44 %

By Public Transit

17.25 %

By Walking

37.06 %

By Bicycle

4.97 %

By Other Methods

4.29 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

94.35 %

Houses

5.65 %

Own Vs. Rent

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305 WAVERLEY STREET, Ottawa, Ontario, K2P 0V9 $2,499,000 MLS® # X12365393