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    For Sale - 1008 WELLINGTON Street, West Centre Town, Ontario

    Est payment $34,674/mo
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    Time on Jump  95 day

    AI Summary *

    • Rare investment opportunity in revitalized Hintonburg neighborhood.
    • Mixed-use property with fully occupied commercial and residential units.
    • Large site with over 140 feet of prime street frontage.
    • Strong gross income potential with secure rental income.
    • Zoned for diverse uses, ideal for future redevelopment opportunities.




    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.
    Listing IDX9516527
    Address1008 WELLINGTON Street
    CityWest Centre Town, Ontario
    Price$6,995,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailHeating / Cooling UnknownSewer Unknown

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    Listing Agency:  ACERTA REALTY INC.
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