For sale 50$4,900,000
6 sq ft
5791 Prince Of Wales Drive
Rideau Twp W of Hwy 16 North of Reg Rd 6, Ottawa
5 months agoMLS® X13123212
RE/MAX HALLMARK REALTY GROUP
$5,950,000
1008 Wellington Street West
Hintonburg, Ottawa, Ontario K1Y2X9
For sale· Added
10,186 sqft
About this property
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.
Location
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Property details
Listing
- MLS® number
- X13720264
- Added
- Aug 27, 2026 ()
- Updated
- Aug 27, 2026 ()
- Info refreshed
Overview
- Property type
- Retail
Inside
- Heating
- Not known
- Fireplace
- No
Building
- Parking
- 17 spaces
Land
- Lot size
- 143 ft
- Zoning
- TM11
Services
- Water
- Municipal water
Location
- Directions
- From the Queensway, exit at Parkdale Road and head north. Turn right at Wellington Street W. and drive for 0.5 kilometer.
Running costs
- Annual property tax
- $98,136
$5,950,000
1008 Wellington Street West
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