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1123-31 Wellington Street Ottawa, Ontario K1Y 2Y6

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$3,400,000

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. (1123-1131 Wellington Street) (id:48755)

Property Details

MLS® Number X9465487
Property Type Multi-family
Neigbourhood HINTONBURG
Community Name 4202 - Hintonburg

Building

Exterior Finish Brick, Stucco
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Other
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 85 Ft
Size Frontage 60 Ft
Size Irregular Unit=60 X 85 Ft ; 1
Size Total Text Unit=60 X 85 Ft ; 1
Zoning Description Tm11, Unassigned

https://www.realtor.ca/real-estate/26188610/1123-31-wellington-street-ottawa-4202-hintonburg

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Rick Locatelli Jr.
Salesperson

(613) 859-1703

RE/MAX Hallmark Realty Group
344 O'connor Street
Ottawa, Ontario K2P 1W1

(613) 563-1155
(613) 563-8710

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