Mirna Botros

613-600-2626

1008 Wellington Street - $6,995,000

1008 Wellington Street - $6,995,000

1008 Wellington Street

$6,995,000

4203 - Hintonburg
Ottawa, OntarioK1Y2X9
0 beds
0 baths
17 parking
MLS#: X9516527Listed: 11 months agoUpdated:3 months ago

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.\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:58075)

Details

Details for 1008 Wellington Street, Ottawa, Ontario
Property Type
Retail
Building Type
-
Storeys
-
Neighborhood
4203 - Hintonburg
Land Size
143 FT ; 1
Year Built
-
Annual Property Taxes
$95,221
Parking Type
-
Inside
Appliances
-
Rooms
-
Bedrooms
-
Bathrooms
0
Fireplace
-
Fireplace Total
-
Basement
-
Building
Architecture Style
-
Direction
From the Queensway, exit at Parkdale Road and head north. Turn right at Wellington Street W. and drive for 0.5 kilometer.
Type of Dwelling
-
Roof
-
Exterior
-
Foundation
-
Flooring
-
Land
Sewer
-
Lot Size
143 FT ; 1
Zoning
-
Zoning Description
TM11
Parking
Features
-
Total Parking
17
Utilities
Cooling
-
Heating
-
Water
-
Feature Highlights
Community
-
Lot Features
-
Security
-
Pool
-
Waterfront
-

Rooms

Rooms for 1008 Wellington Street, Ottawa, Ontario
LevelNameDimensions
Mirna Botros

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