DAVID OIKLE

BROKER

1008 WELLINGTON STREET W
Ottawa, Ontario K1Y2X9

$6,995,000

ID# X9516527
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.\r\n \r\nThe 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. (id:25961)

INTERESTED IN THIS PROPERTY?

General Inquiry
Courtesy of ACERTA REALTY INC.
Listed on: July 31, 2024

On market: 189 days

SIMILAR LISTINGS

Grid List Table Map
141 MAYNOOTH COURT Ottawa

$3,100
3 Bedrooms |4 Bathrooms
141 MAYNOOTH COURT
OTTAWA
AVAILABLE from April 1st, 2025 - Welcome to 141 Maynooth Court, a stunning 3-bedroom, 3.5-washroom home in the desirable Quinn's Pointe community! This beautifully upgraded home features an open-concept kitchen with modern countertops, cabinets, and hardwood flooring throughout the main level. The spacious living ,and dining area is enhanced by a soft ceiling with pot lights, creating a bright and inviting ambiance, highlighted by a cozy fireplace an ideal space for gatherings. The second...
2 - 345 TRIBECA Ottawa

$489,900
3 Bedrooms |2 Bathrooms
2 - 345 TRIBECA
OTTAWA
345 Tribeca Private Unit # 2 Rare Find this is a beautiful home. 3 bedrooms,2 baths and TWO parking spots . Thousands spent in upgrades, Kitchen with wall of cabinets all with soft closure's. Take note of the island with quartz counters and a walk in pantry. No need to size down your kitchen, plenty of storage. Dining room inviting . Imagine entertaining in this open concept . Large family room. Access to your private patio . The green space you get to enjoy requires no work from you, just...
3271 SOUTHGATE ROAD Ottawa

$515,888
3 Bedrooms |3 Bathrooms
3271 SOUTHGATE ROAD
OTTAWA
Whether you are an investor seeking strong cash flow, a contractor searching for your next project, or a first-time home buyer looking for your city nest, this home is for you. Located within the greenbelt, this home offers endless potential and opportunities. The main floor features a fully functional kitchen, 2 pc powder room, and a fun-filled living room that can be used as a 4th bedroom. Three spacious bedrooms are found on the 2nd level, along with a 3 pc bathroom. The basement is fully...
PH-2806 - 195 BESSERER STREET Ottawa

$799,900
2 Bedrooms |2 Bathrooms
PH-2806 - 195 BESSERER STREET
OTTAWA
Welcome to Unit #2806 at 195 Besserer Street, an upscale 2-bedroom, 2-bathroom condo perched high above the heart of Ottawas vibrant downtown. Boasting floor-to-ceiling windows and northwest exposure, this 28th-floor residence offers one of the rarest, breathtaking panoramic views of the city skyline and a unique vantage point to view the Canada Day fireworks show. The open-concept living area features rich hardwood floors, a sleek kitchen with granite countertops, stainless steel...
421 - 560 RIDEAU STREET Ottawa

$374,900
1 Bedrooms |1 Bathrooms
421 - 560 RIDEAU STREET
OTTAWA
Welcome to this beautifully appointed Richcraft suite in the heart of Ottawa's vibrant core, at The Charlotte. This luxurious 1-bedroom, 1-bathroom condo offers a blend of modern style and functionality, delivering the perfect urban retreat. The open-concept design with southern exposure bathes in natural light. A sleek kitchen features premium quartz countertops and European style stainless-steel appliances flows into the spacious living area with easy access to a private balcony. The...
550 GUY STREET Ottawa

$2,499,900
9 Bedrooms |6 Bathrooms
550 GUY STREET
OTTAWA
Luxury triplex built by Blueprint Construction on an oversized lot rarely offered with expansive 1400sq/ft units on each floor. Additional 3 non-conforming studio apartments in the basement built to code. This turnkey newly built multi-family building produces $92,559 net operating income annually. These expansive units with luxury finishes offer a generous 3-bedroom 2-bathroom apartment, all with ample parking. As the real estate cliche goes , a quality rental attracts a quality tenant....
Address Price Bed Bath SqFt Area Sub Area Brokerage
141 MAYNOOTH COURT Ottawa
141 MAYNOOTH COURT
 $3,100 3 4 30.02 x 91.86 FT Ottawa ROYAL LEPAGE TEAM REALTY
2 - 345 TRIBECA Ottawa
2 - 345 TRIBECA
 $489,900 3 2 Ottawa ROYAL LEPAGE TEAM REALTY
3271 SOUTHGATE ROAD Ottawa
3271 SOUTHGATE ROAD
 $515,888 3 3 26.82 x 99.88 FT Ottawa ENGEL & VOLKERS OTTAWA
PH-2806 - 195 BESSERER STREET Ottawa
PH-2806 - 195 BESSERER STREET
 $799,900 2 2 Ottawa ENGEL & VOLKERS OTTAWA
421 - 560 RIDEAU STREET Ottawa
421 - 560 RIDEAU STREET
 $374,900 1 1 Ottawa RE/MAX ABSOLUTE WALKER REALTY
550 GUY STREET Ottawa
550 GUY STREET
 $2,499,900 9 6 59.4 x 108.9 FT Ottawa RE/MAX HALLMARK REALTY GROUP
Search

DAVID OIKLE

BROKER

384 Richmond Road

Ottawa, ON. K2A 0E8

Phone: 613.729.9090

CONTACT DAVE

The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner. 

powered by webkits