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$6,995,000
Ontario,Ottawa
For Sale Active
1008 WELLINGTON STREET W, Ottawa, Ontario K1Y2X9
  • 10,186 Sqft
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Basic Details
Description

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.rn rnThe

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:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X9516527
  • Price: $6,995,000
  • Square Footage: 10,186 Sqft
  • Year Built: 1940
  • Status: Active
  • Office Name: ACERTA REALTY INC.
  • Property Sub Type: Retail
  • Office Key: 275975
Features & Appliances
Features
  • Heating System: Not known
  • Cooling System: Unknown
Address Map
  • Location: CA, Ontario, Ottawa, K1Y2X9
  • Street: WELLINGTON
  • Street Number: 1008
  • Street Suffix: Street
  • Longitude: W76° 16' 34.9''
  • Latitude: N45° 24' 16.6''
  • Street Dir Suffix: West
Additional Information
  • Water Source:
  • Lot Size Dimensions: 143 FT ; 1
Financial
  • Tax Annual Amount: 95221
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Listing updated: 2025-12-08 12:31:20
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Listing Information
  • List Agent Key: 1921929
  • List Office Key: 275975
  • Modification Timestamp: 2025-10-23T01:15:27Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2025-10-23T00:47:00Z
Powered by REALTOR.ca
Listing updated: 2025-12-08 12:31:20
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