Address
1123-1131 WELLINGTON STREET, Ottawa, ON
Price
$ 3,899,000
Property Attributes
  • ID#1365728
  • TypeMulti-Family
  • CityOttawa
  • NeighbourhoodHINTONBURG
  • Postal CodeK1Y 2Y6
  • Style
  • Price$ 3,899,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property 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. (id:7434)

General Features

Property Type Multi-family
Zoning Description TM11,UNASSIGNED
Neighbourhood HINTONBURG
Foundation Type Poured Concrete
Ownership Type Freehold
Building.StoriesTotal 3

Interior Features

Building Fireplace Present False
Building Heating Type Steam radiator
Building Heating Fuel Natural gas

Exterior Features

Sewer Municipal sewage system
Exterior Finish Brick,Siding,Stucco

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in K1Y 2Y6

Price
AVG $3.9M
$3.9M
Visits
AVG 455
568
Data Provided by Inside Real Estate®
Year Built
AVG 1912
1912