Monica Flores

SALES REPRESENTATIVE

1008 WELLINGTON STREET W
Ottawa, Ontario K1Y2X9

$6,995,000

ID# X9516527
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)

LEARN MORE ABOUT THIS LISTING

CALL MONICA DIRECT AT

613-725-4121

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

On market: 183 days
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Address Price Bed Bath SqFt Area Sub Area Brokerage
1705 - 195 BESSERER STREET Ottawa
1705 - 195 BESSERER STREET
 $399,990 1 1 Ottawa ROYAL LEPAGE TEAM REALTY
186 - 24C FORESTER CRESCENT Ottawa
186 - 24C FORESTER CRESCENT
 $359,900 3 2 Ottawa COLDWELL BANKER FIRST OTTAWA REALTY
13- 30 GLENCOE STREET Ottawa
13- 30 GLENCOE STREET
 $3,295 4 2 Ottawa ROYAL LEPAGE TEAM REALTY
302 SONG SPARROW STREET Ottawa
302 SONG SPARROW STREET
 $625,000 3 3 21.33 x 83.73 Acre Ottawa ROYAL LEPAGE TEAM REALTY
806 - 10 JAMES STREET W Ottawa
806 - 10 JAMES STREET W
 $5,900 4 3 Ottawa AVENUE NORTH REALTY INC.
631 - 515 ST LAURENT BOULEVARD Ottawa
631 - 515 ST LAURENT BOULEVARD
 $299,000 2 3 Ottawa ROYAL LEPAGE TEAM REALTY
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Monica flores

SALES REPRESENTATIVE

Direct: 613-725-4121

mflores@royallepage.ca

Royal LePage Team Realty

1723 Carling Ave,

Ottawa, ON K2A 1C8

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