44
$5,950,000 Sale
Listed 60 days ago
1008 WELLINGTON Street W
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Listing History
Buy/Sell/Terminated/Expired listing history for 1008 WELLINGTON Street W
Key Facts
Key facts for 1008 WELLINGTON Street W
Property Type
Commercial
Parking
Unknown
MLS #
X13720264
Size
-
Basement
-
Listed on
2026-08-27
Lot size
143 x 0.0
Tax
$98,135.64 /yr
Days on Market
61
Approximate Age
-
Maintenance Fee
-
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. With over 140 feet of prime frontage, this property is covering appro...ximately 20,039 sq. ft. The property generates a gross income of $648,245, with operating expenses of $255,489, producing a net operating income of $392,756. 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.
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Courtesy of: ACERTA REALTY INC.