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Investment signal

$1,199,900

1079 WELLINGTON STREET W

Save this home

Beds

Baths

Sqft

Year

Type

Retail

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

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. (id:65958)

Subtype
Retail
Community
4202 - Hintonburg
Living area
0 square feet
Lot dimensions
27.87 x 79.98 FT ; 0
Parking
4 total
On market
Dec 3, 2025
Status changed
Apr 24, 2026
Annual tax
$13,924
Zoning
TM11
Photos
28
MLS#
X12599586
Area
OTTAWA

Features and systems

Heating

Forced airNatural gas

Cooling

None
Negative cash flow ~$1,294/mo at these assumptions

Cash on cash

-6.47%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,362

Financing

Down payment$239,980
Loan amount$959,920
Mortgage$4,864/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$550
Insurance$80
Maintenance$1,000
CapEx reserve$500
Vacancy loss$300

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $4,864/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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