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1123-31 WELLINGTON STREET, Ottawa, Ontario, K1Y 2Y6

MLS® # X9465487
Investment For Sale In Hintonburg - Mechanicsville, Ottawa, Ontario
$3,400,000
1123-31 Wellington Street, Ottawa, ON - Outdoor With Facade
1123-31 Wellington Street, Ottawa, ON - Outdoor
1123-31 Wellington Street, Ottawa, ON - Outdoor
1123-31 Wellington Street, Ottawa, ON - Outdoor
1123-31 Wellington Street, Ottawa, ON - Outdoor
1123-31 Wellington Street, Ottawa, ON - Outdoor With Facade
1123-31 Wellington Street, Ottawa, ON - Outdoor With Facade
1123-31 Wellington Street, Ottawa, ON - Indoor Photo Showing Other Room
1123-31 Wellington Street, Ottawa, ON - Indoor
1123-31 Wellington Street, Ottawa, ON - Indoor Photo Showing Other Room
1123-31 Wellington Street, Ottawa, ON - Indoor Photo Showing Other Room
1123-31 Wellington Street, Ottawa, ON - Indoor Photo Showing Laundry Room
1123-31 Wellington Street, Ottawa, ON - Indoor Photo Showing Basement
1123-31 Wellington Street, Ottawa, ON - Indoor Photo Showing Basement
1123-31 Wellington Street, Ottawa, ON - Indoor
1123-31 Wellington Street, Ottawa, ON - Indoor Photo Showing Other Room
1123-31 Wellington Street, Ottawa, ON - Indoor Photo Showing Basement
1123-31 Wellington Street, Ottawa, ON  - Outdoor With Facade
1123-31 Wellington Street, Ottawa, ON  - Outdoor
1123-31 Wellington Street, Ottawa, ON  - Outdoor
1123-31 Wellington Street, Ottawa, ON  - Outdoor
1123-31 Wellington Street, Ottawa, ON - Outdoor
1123-31 Wellington Street, Ottawa, ON - Outdoor With Facade
1123-31 Wellington Street, Ottawa, ON - Outdoor With Facade
1123-31 Wellington Street, Ottawa, ON - Indoor Photo Showing Other Room
1123-31 Wellington Street, Ottawa, ON - Indoor
1123-31 Wellington Street, Ottawa, ON - Indoor Photo Showing Other Room
1123-31 Wellington Street, Ottawa, ON - Indoor Photo Showing Other Room
1123-31 Wellington Street, Ottawa, ON - Indoor Photo Showing Laundry Room
1123-31 Wellington Street, Ottawa, ON - Indoor Photo Showing Basement
1123-31 Wellington Street, Ottawa, ON - Indoor Photo Showing Basement
1123-31 Wellington Street, Ottawa, ON - Indoor
1123-31 Wellington Street, Ottawa, ON - Indoor Photo Showing Other Room
1123-31 Wellington Street, Ottawa, ON - Indoor Photo Showing Basement
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1123-31 WELLINGTON STREET, Ottawa, Ontario, K1Y 2Y6
$3,400,000

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. (1123-1131 Wellington Street) (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Exterior Finish: Brick, Stucco
  • Foundation Type: Concrete
  • Heating Type: Other
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Depth: 85.0 Feet
  • Lot Frontage: 60.0 Feet
  • Lot Size: Unit=60 x 85 FT ; 1
  • Zoning: TM11, UNASSIGNED
  • Sewer: Sanitary sewer

Courtesy of: RE/MAX HALLMARK REALTY GROUP

REALTOR.ca  

Location of 1123-31 WELLINGTON STREET, Ottawa, Ontario, K1Y 2Y6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 1123-31 WELLINGTON STREET , experiences 7 hot days per year at around 31.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.3℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 1123-31 WELLINGTON STREET , experiences 11 significant 2-day storms per year, with about 317.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 405.4mm of precipitation per year.

Precipitation Per Storm

Past
317.1mm
2050
405.4mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 1123-31 WELLINGTON STREET, Ottawa, Ontario, K1Y 2Y6

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$146,431.89

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.74 %

High school certificate or equivalent

16.94 %

Apprenticeship trade certificate/diploma

3.58 %

College/non-university certificate

13.9 %

University certificate (below bachelor)

2.4 %

University Degree

53.43 %

Commuter

Travel To Work

By Car

53.73 %

By Public Transit

18.86 %

By Walking

18.88 %

By Bicycle

4.56 %

By Other Methods

3.98 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

66.34 %

Houses

33.66 %

Own Vs. Rent