1123-1131 Wellington Street Ottawa, Ontario K1Y 2Y6

$3,649,000

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:43934)

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