For sale
Multi-Family

1123-31 Wellington Street

$3,400,000
Ottawa, Ontario, K1Y 2Y6

Overview

  • Updated On:
  • March 25 2025
  • MLS® Number
  • X9465487

Description

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:57887)

Price:
Price Info:
Property Type: Multi-family
Building Type: Multi-Family
Neighbourhood: HINTONBURG
Cooling & Heating
Natural gas
Other
ExteriorFinish
Brick
Stucco
$ 17,432.47
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 13,182.47
Construction
FoundationType: Concrete
Utility
UtilityWater: Municipal water
Acreage: No
Sewer: Sanitary Sewer
SizeDepth: 85 Ft
SizeFrontage: 60 Ft
SizeIrregular: 60 X 85 Ft ; 1
SizeTotalText: 60 X 85 Ft ; 1
ZoningDescription: Tm11, Unassigned
  • Your Favourites

     

    No Favourites Found

     

  • Search

Compare Listings