An exceptional investment opportunity in the heart of Centretown, this mixed-use property offers multiple income streams in one of Ottawa’s most desirable and walkable neighbourhoods. Situated on Waverley Street, just steps from downtown, shops & restaurants of Elgin Street & Bank Street, the Rideau Canal, and public transit – this is a prime addition to any investment portfolio.
The property features five professional office spaces and three self-contained one-bedroom apartments, including a charming detached coach house at the rear of the property, creating strong appeal for both commercial and residential tenants. A finished lower level adds even more value with three 2 piece washrooms, laundry facilities, and ample storage, while also presenting the potential to create an additional residential unit (subject to all required approvals and permits).
Six on-site parking spaces provide a significant advantage for tenants and clients alike – an increasingly rare feature in Centretown. This property offers excellent cash flow along with future value. Whether you’re looking to expand your investment portfolio or secure a versatile income-producing asset in a high-demand urban location, this is an opportunity you won’t want to miss!
Details |
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| Lot Size | 66 x 99 Feet | |
| Zoning | R4T [479] | |
| Legal Description | LT 5, PL 12 , N/S OF WAVERLY ST ; OTTAWA/NEPEAN | |
| Taxes | $27,651 / 2025 | |
| Parking | 6 Car Parking | |
| Heating |
Gas Radiant Heat & Baseboard Electric Heat
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| Cooling | Split Duct | |
| Possession | Flexible/TBD | |
| Offices | 5 | |
| Apartments | 3 (2 + 1 carriage home) | |
To view the full financials of 359-363 Waverley St W, please contact us.
