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85 Waverley Street, Ottawa, ON 6 photos

$974,900

Active
85 Waverley Street, Ottawa, ON· Ottawa Centre/Golden Triangle
5
Bedrooms
4
Bathrooms
2000-2500
Sq Ft
$390–$487
Per Sq Ft
3
None Parking
100+
Year Built

About this Property

  • Rear laneway access provides parking and year-round convenience, with the lane maintained and plowed in winter months

"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.

Listed by ENGEL & VOLKERS OTTAWA · MLS# X13470236

About Centretown

Urban Core · Avg $450K

Centretown is Ottawa's most walkable and vibrant urban neighbourhood, offering a lifestyle built around convenience, culture, and community. Bounded roughly by the Queensway to the south, the Rideau Canal to the east, Wellington Street to the north, and Bronson Avenue to the west, Centretown places residents within walking distance of Parliament Hill, the National Arts Centre, major museums, and the city's best dining and nightlife corridors on Bank Street, Elgin Street, and Somerset Street.

Walk Score97
Avg Condo Price$450K
Restaurants200+
Walk to Parliament15 min
View Full Centretown Guide

Features & Details

Property details of 85 Waverley Street, Ottawa, ON

Property TypeMultiplex
Style3-Storey
Size2000-2500 sq ft
BasementFull, Unfinished, Partially Finished
Total Parking3

Mortgage Calculator

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%
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Mortgage Payment$4,789/monthly
Principal54%
Interest46%
Principal Amount$779,920
Interest$656,897
Total Payable$1,436,817
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$4,789
Mortgage + Expenses$4,789
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$
$
$
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Monthly Cash Flow-$4,789

* Estimate only. Consult a mortgage broker for accurate figures.

5.0 · 70+ Google reviews
Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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