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Renanza Realty
For sale

1079 WELLINGTON STREET W

Ottawa, Ontario

MLS® X12599586

$1,199,900

Status
Active
Property type
Retail
MLS® number
X12599586
Bedrooms
Bathrooms
Year built

Listing description

Unlock the potential of one of Ottawa's most vibrant neighborhoods. This versatile commercial property offers a rare "blank canvas" opportunity for investors and entrepreneurs looking to plant roots in a high-traffic, thriving community. The building includes the main commercial level plus two vacant 1-bedroom apartments, providing an immediate opportunity for secondary rental income or a live-work setup.

Peace of mind comes standard with electrical and plumbing systems redone in 2013. The main commercial space is currently vacant and ready for a custom fit-up tailored to your specific brand or business needs. Rare Urban Parking: Includes dedicated parking for 4 cars at the rear (accessible via 109 Pinhey Street), a premium commodity in this dense urban core.

Situated in close proximity to Bayview Station and Lebreton Flats, this property is perfectly placed to benefit from the massive revitalization of the area-most notably as the future home of the Ottawa Senators. This is a turnkey opportunity for an owner-user or a savvy developer to acquire a footprint in a neighborhood that continues to outperform the market. Whether you're looking to launch a flagship retail store, a professional studio, or a gourmet cafe, 1079 Wellington St W is where your business meets its future.

Property summary

MLS® number
X12599586
Property type
Retail
Land size
27.87 x 79.98 FT ; 0
Annual property taxes
$13,924.00
Parking
4 spaces
Days on market
268 days

Features & details

Heating
Forced air, Natural gas
Cooling
None

What would this home cost you?

Based on the $1,199,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$5,583 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of EXP REALTY, OTTAWA.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.