Royal LePage Team Realty
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa

$6,995,000

ID# X9516527

1008 WELLINGTON STREET W
Ottawa, Ontario K1Y2X9

Discover a rare investment opportunity in Ottawa’s revitalized Hintonburg neighborhood. This mixed-use property on Wellington Street West offers 6 commercial units over 10,185 sq.ft. of retail space and 11 residential units above, all fully occupied. With over 140 feet of prime frontage, this property is the largest site between Parkdale and Somerset Street West, covering approximately 20,039 sq. ft.\r\n \r\nThe property generates a gross income of $586,658, with operating expenses of $228,965, producing a net operating income of $357,693. Its prime location provides easy access to Tunney’s Pasture, Bayview LRT Station, LeBreton Flats, and the Queensway via Parkdale Avenue. Zoned TM11, the property allows for diverse uses and a development height of 20 meters (65 feet), making it ideal for future residential intensification redevelopment. This property is a secure, lucrative investment offering steady rental income and significant growth potential in a vibrant, artistic community. (id:25961)

INTERESTED IN THIS PROPERTY?

OFFICE: 613.725.1171

Courtesy of ACERTA REALTY INC.
Listed on: July 31, 2024

On market: 120 days
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Our Family Helping Yours

Elizabeth Stewart

REALTOR®

Spencer Cudney

REALTOR®

Royal LePage Team Realty,

1723 CARLING AVE.

Ottawa, ON

K2A 1C8

OFFICE: 613.725.1171

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