DAVID OIKLE

BROKER

1123-31 WELLINGTON STREET
Ottawa, Ontario K1Y2Y6

$3,400,000

ID# X9465487
This Historic Building was built between 1912 and 1913 and is referred to as the Iona Mansions historically and locally referred to as The Angel Building. This very well maintained property is a 3 story walk up with 11 residential units, 4 bachelors and 7 one bedroom units which are all occupied. There is coin operated laundry for the residential tenants. There are also 4 fully leased retail units on the main floor. All retail leases are at least 5 years duration.There have been many upgrades to the property since the current owner purchased the building in 2003 including all new windows, updated electrical and heating system (steam boiler), fire escape, and plumbing stacks. This is a great investment opportunity. Please ensure to provide 24 hour notice for all showings and 24 hour Irrevocable for all offers as per form 244. (1123-1131 Wellington Street) (id:25961)

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General Inquiry
Courtesy of RE/MAX HALLMARK REALTY GROUP

Listed on: October 18, 2023

On market: 517 days
Heating Type Other
Heating Fuel Natural gas

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DAVID OIKLE

BROKER

384 Richmond Road

Ottawa, ON. K2A 0E8

Phone: 613.729.9090

CONTACT DAVE

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