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:25961)
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Rooms
| Level | Type | Dimensions |
|---|
Details
- Equipment: Water Heater
- Parking Spaces: 17
- Rental Equipment: Water Heater
- Transaction: For sale
- Zoning Description: TM11
Building
- Cooling: Unknown
- Fireplace Present: False
- Heating: Not known
- Size Interior: 10186 sqft
- Utility Water: Municipal water
Land
- Size Frontage: 143 ft
- Size Irregular: 143 FT ; 1
Listing provided by ACERTA REALTY INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1008 WELLINGTON STREET W in Ottawa Ontario. It was last modified on August 27th, 2026. Contact the Stuewe Team to schedule a viewing or to discover other Ottawa real estate for sale.