1123-1131 WELLINGTON STREET, Ottawa, Ontario, K1Y 2Y6

$3,649,000

MLS® # 1365728

Investment For Sale In Hintonburg - Mechanicsville, Ottawa, Ontario

$3,649,000

Property Information:

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. (id:27)

Building Features:

  • Style: Multiplex
  • Exterior Finish: Brick, Siding, Stucco
  • Foundation Type: Poured Concrete
  • Heating Type: Steam radiator
  • Heating Fuel: Natural gas

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 1912
  • Irregular: Yes
  • Lot Depth: 85.0 Feet
  • Lot Frontage: 60.0 Feet
  • Lot Size: 60 ft X 85 ft (Irregular Lot)
  • Zoning: TM11, UNASSIGNED
  • Sewer: Municipal sewage system

Courtesy of: RE/MAX HALLMARK REALTY GROUP

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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