$6,995,000
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1008 WELLINGTON STREET W, Ottawa, ON K1Y2X9

Discover a rare investment opportunity in Ottawas 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. The 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 Tunneys 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:55598)

  • MLS® 1405240
  • Date Listed07/31/2024
  • Days on Realty 43 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Subdivision Hintonburg
  • Year Built 1940

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in ON / K1Y2X9

Source: Walkscore

86/100

Very Walkable

Walk Score ®

73/100

Excellent Transit

Transit Score ®

89/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. Transit is convenient for most trips. Biking is convenient for most trips.

Transit Summary

56 nearby routes: 55 bus, 1 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 61/100, Bike Score: 83/100.

Points of interest near 1008 WELLINGTON STREET W, Ottawa, ON K1Y2X9

Frequently Asked Questions for 1008 WELLINGTON STREET W

Source: Realty.com

1008 WELLINGTON STREET W, Ottawa, ON K1Y2X9 is a Other, Commercial Sale property listed for $6,995,000 The property is 0 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 30 photos of 1008 WELLINGTON STREET W.

Our records indicate that 1008 WELLINGTON STREET W was built in 1940.

The full address for this home is 1008 WELLINGTON STREET W, Ottawa, ON K1Y2X9.

1008 WELLINGTON STREET W has been listed on Realty.com since Wed July 31, 2024

Most errands can be accomplished on foot. Transit is convenient for most trips. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 61/100, Bike Score: 83/100.

Listing provided courtesy of: ACERTA REALTY INC. (tel: (613) 400-8722)
Listing agent: Konsuella Roberts (tel: (613) 400-8722)

This content last refreshed on 2024-09-12 08:35:55. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 1008 WELLINGTON STREET W, Ottawa, ON K1Y2X9 : MLS® 1405240