We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
1008 WELLINGTON STREET W, Ottawa
2024-08-02
Quick Summary
- Location
- 1008 WELLINGTON STREET W, Ottawa, Ontario K1Y2X9
- Price
- $6,995,000
- Status:
- For Sale
- Property Type:
- Retail
- Year of Construction:
- 1940
MLS®#1405240
Property Description
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. (id:32467)
Property Features
Building
- Fireplace: No
Land
- Land Size: 0.45 ac
Ownership
- Type: Freehold
Zoning
- Description: TM11
Information entered by ACERTA REALTY INC.
Listing information last updated on: 2024-08-02 04:51:16
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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Sheila Forward-Davis REALTOR®
- Phone:
- (613) 883-8098
- Mobile:
- (613) 883-8098
- Email:
- sheila.forwarddavis@gmail.com
- Support Area:
- Ottawa, Kanata, Manotick
Home is where the heart is... let's find your gem in Ottawa or around the world. Sheila knows ...
Full ProfileJay Terris Salesperson
- Phone:
- (613) 355-7295
- Email:
- jdterris@gmail.com
- Support Area:
- Stonebridge, Manotick, Westboro, Kanata, Greely, Nepean, Hunt Club South, Barrhaven, Riverside South, Stittsville, Richmond, Bells Corners, Findlay Creek, Leitrim, Country Place, Pineglen, Ottawa
I offer 1% CASH BACK REBATE* On Home Purchases My mission is to represent ...
Full ProfilePatti Reid Realtor®
- Phone:
- (613) 401-0197
- Mobile:
- (613) 401-0197
- Email:
- pattireid@onepercentrealty.com
- Support Area:
- ottawa, Arnprior, Almonte, Renfrew, Pembroke, Calabogie, Fitzroy Harbour, Dunrobin, McNab/braeside, Cobden, Westmeath, Beachburg, Kanata, Carp, Stittsville, Bridlewood, Hunt Club, Barhaven
Patti serves the OTTAWA VALLEY and OTTAWA WEST. Petawawa to Kanata! She has 20 years in the real e ...
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