Axis Realty Brokerage


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1123-1131 Wellington Street Ottawa, Ontario K1Y 2Y6

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Steam Radiator

$3,899,000

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. (id:58072)

Property Details

MLS® Number 1365728
Property Type Multi-family
Neigbourhood HINTONBURG

Building

ConstructedDate 1912
ExteriorFinish Brick, Siding, Stucco
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Steam Radiator
StoriesTotal 3
UtilityWater Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
SizeDepth 85 Ft
SizeFrontage 60 Ft
SizeIrregular 60 Ft X 85 Ft (irregular Lot)
SizeTotalText 60 Ft X 85 Ft (irregular Lot)
ZoningDescription Tm11, Unassigned

https://www.realtor.ca/real-estate/26188610/1123-1131-wellington-street-ottawa-hintonburg