$ 3,649,000
1123-1131 WELLINGTON ST West Centre Town, ON K1Y 2Y6
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$ 3,649,000
Est. payment /mo
Price Dropped by $50K
1123-1131 WELLINGTON ST West Centre Town, ON K1Y 2Y6
UPDATED:
11/21/2024 05:33 AM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9465487
Annual Tax Amount $32,542
Tax Year 2023
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.
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.
Location
Province ON
County Ottawa
Area 4202 - Hintonburg
Rooms
Family Room No
Basement Other, Unfinished
Interior
Cooling Unknown
Heat Source Gas
Exterior
Pool None
Utilities Available Unknown
Roof Type Asphalt Shingle,Tar and Gravel
Building
Story 3
Foundation Concrete
Others
Security Features Unknown
Pets Description Unknown
Listed by RE/MAX HALLMARK REALTY GROUP
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