Deanna Parisi direct 613-859-7704 | David Parisi direct 613-859-4047

1008 WELLINGTON STREET W
Ottawa, Ontario K1Y2X9

  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa
  • 1008 WELLINGTON STREET W Ottawa

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

On market: 189 days

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1008 WELLINGTON STREET W

Get In Touch

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Deanna Parisi

Realtor®

Direct: 613-859-7704

Deanna@theParisiGroup.ca

David Parisi

Realtor®

Direct: 613-859-4047

David@theParisiGroup.ca

376 Churchill Ave. N,

Unit 101

Ottawa, Ontario

613-755-2278

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