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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$998,000
Available - For Sale
Listing ID: X12840810
Two-Bedroom Apartment; Business with Building Included in the Sale! Are you looking for a turnkey business opportunity with six-figure potential while working part-time? This exceptional offering includes a completely renovated building and a unique business with significant growth prospects. Over the last five years, the business has seen a 92% increase in net income, with substantial room for further expansion. You can learn more about the current operation by visiting "The Joy of Olives" website. As high-quality olive oil remains a kitchen staple with extraordinary health and flavor benefits, demand for this product continues to rise. The property features ground-floor commercial space and a renovated two-bedroom upstairs apartment, perfect for additional rental income or a live-work setup. The building has undergone extensive renovations, including new stucco, insulation, windows, decks, and HVAC. Situated on a 49' x 103' lot with C1 Zoning, the site offers various expansion options under the Merrickville zoning bylaws. Located in one of Eastern Ontario's premier tourist destinations along the historic Rideau Waterway (a UNESCO World Heritage Site), the property benefits from high foot traffic and ample parking. Whether you choose to operate the existing profitable business, bring your own concept to this location, or expand the site with an additional building, the opportunities are endless. Business can be purchased separately.
Price $998,000
Taxes: $4,834
Assessment Year: 2025
Occupancy by: Owner+T
Address: 118 Wellington Street West , Merrickville-Wolford, K0G 1N0, Leeds and Grenvi
Directions/Cross Streets: St. Lawrence St. / Wellington St.
Rooms: 6
Bedrooms: 2
Bedrooms +: 0
Washrooms: 2
Family Room: F
Basement: None
No. of Pieces Level
Washroom 1 3
Washroom 2 2
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 3
Washroom 7 2
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 3
Washroom 12 2
Washroom 13 0
Washroom 14 0
Washroom 15 0
Property Type: Store W Apt/Office
Style: 2-Storey
Exterior: Stucco (Plaster)
Garage Type: None
Drive Parking Spaces: 4
Pool: None
Approximatly Square Footage: 1100-1500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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RIGHT AT HOME REALTY

118 Wellington Street West , Merrickville-Wolford, K0G 1N0, Leeds and Grenvi

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Store W Apt/Office
Area: Leeds and Grenville
Municipality: Merrickville-Wolford
Neighbourhood: 804 - Merrickville
Style: 2-Storey
Lot Size: x 100.00(Feet)
Approximate Age:
Tax: $4,834
Maintenance Fee: $0
Beds: 2
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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