1123-1131 WELLINGTON STREET

Multi-family For Sale in Ottawa, Ontario

$3,649,000
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:4069)
Address 1123-1131 WELLINGTON STREET
List Price $3,649,000
Property Type Multi-family
Area Ontario
Sub-Area Ottawa
Lot Size 60 ft X 85 ft (Irregular Lot) Sq. Ft.
Year Built 1912
MLS® Number 1365728
Listing Brokerage RE/MAX HALLMARK REALTY GROUP
Postal Code K1Y2Y6
Zoning TM11, UNASSIGNED

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Innovation Realty

102-659 Sue Holloway Drive Nepean On K2J 5G3

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