$5,950,000
( $584.14Per Sq Foot )
 $31,941 est/mo Sourced by Back At You

1008 Wellington Street W,Ottawa, ON K1Y2X9

Ottawa, ON K1Y2X9

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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 approximately 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. (id:13843)

Details

MLS #X13720264
Listing TypeFor Sale
StatusActive
Days On Site75
Listing Provided ByACERTA REALTY INC. | Konsuella Roberts

Features

SQ Feet10,186
ZoningTM11

Interior

CoolingUnknown
HeatingNot known
Fireplace Yes / NoNo

Parking

Parking Total17

Utilities

Water SourceMunicipal water

Taxes

Tax Annual Amount98135.64

Area Information

ProvinceON
CityOttawa
Postal CodeK1Y2X9
Listing VS Median (in K1Y2X9)
Price:
$5,950,000
low | high
Med:
$3,174,750
96.642857142857% of Average
sqft:
10,186
low | high
Med:
5,393
97.05478107206% of Average
$ / sqft:
$584
low | high
Med:
$625
43.006904761905% of Average
On site:
75
low | high
Med:
68.5
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityOttawa
Postal CodeK1Y2X9
Listing VS Median (in K1Y2X9)
Price:
$5,950,000
low | high
Med:
$3,174,750
96.642857142857% of Average
sqft:
10,186
low | high
Med:
5,393
97.05478107206% of Average
$ / sqft:
$584
low | high
Med:
$625
43.006904761905% of Average
On site:
75
low | high
Med:
68.5
100% of Average
Sourced by Back At You
Listing Updated: October 6, 2026 at 2:05:03 PM PDT