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1008 WELLINGTON STREET W, Ottawa, Ontario, K1Y 2X9

MLS® # X13720264
Commercial For Sale In Hintonburg - Mechanicsville, Ottawa, Ontario
$5,950,000

None Beds

  • Details
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
1008 Wellington Street W, Ottawa, ON
  • Advertising
1008 WELLINGTON STREET W, Ottawa, Ontario, K1Y 2X9
$5,950,000

Property Information:

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:27)

Building Features:

  • Style: Retail
  • Floor Space: 10186 sqft
  • Heating Type: Not known
  • Cooling Type: Unknown

Property Features:

  • Property Type: Retail
  • Floor Space (approx): 10186 Square Feet
  • Irregular: Yes
  • Lot Frontage: 143 Feet
  • Lot Size: 143 FT ; 1
  • Zoning: TM11
  • No. of Parking Spaces: 17

Courtesy of: ACERTA REALTY INC., SOLID ROCK REALTY

REALTOR.ca  

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Market Price Trends

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Demographic Information of 1008 WELLINGTON STREET W, Ottawa, Ontario, K1Y 2X9

Average Household Income

$146,431.89

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.74 %

High school certificate or equivalent

16.94 %

Apprenticeship trade certificate/diploma

3.58 %

College/non-university certificate

13.9 %

University certificate (below bachelor)

2.4 %

University Degree

53.43 %

Commuter

Travel To Work

By Car

53.73 %

By Public Transit

18.86 %

By Walking

18.88 %

By Bicycle

4.56 %

By Other Methods

3.98 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

66.34 %

Houses

33.66 %

Own Vs. Rent

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