ON > Ottawa > 4203 - Hintonburg
Ottawa, ON K1Y 2X9,1008 WELLINGTON ST W
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Ottawa, ON K1Y 2X9,1008 WELLINGTON ST W
Ottawa, ON K1Y 2X9,1008 WELLINGTON ST W
Ottawa, ON K1Y 2X9,1008 WELLINGTON ST W
Ottawa, ON K1Y 2X9,1008 WELLINGTON ST W
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 6,995,000
Est. payment /mo
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Active

1008 WELLINGTON ST W Ottawa, ON K1Y 2X9

10,186 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 10,186 sqft

Price per Sqft $686

Subdivision 4203 - Hintonburg

MLS Listing ID X9516527

Annual Tax Amount $95,221

Tax Year 2024

Property Sub-Type Commercial Retail

Lot Front 143.0

Property 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.

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 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.

Location

Province ON

County Ottawa

Community 4203 - Hintonburg

Area Ottawa

Rooms

Family Room No

Interior

Cooling Unknown

Exterior

Utilities Available Unknown

Roof Type Unknown

Lot Frontage 143.0

Others

Security Features Unknown

Pets Allowed Unknown

ParcelsYN No

Listed by ACERTA REALTY INC.
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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1008 WELLINGTON ST W

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