1451 WELLINGTON STREET W, Ottawa

$50/mo

For rent: Other

Other at 1451 WELLINGTON STREET W, Ottawa
Property type
Commercial Retail
MLS®
MLS® X12638442
Neighbourhood
4302 - Ottawa West

Prime corner retail/restaurant unit for lease in the newly constructed luxury condo building, "The Residences at Island Park Drive". The property is located at a high-traffic intersection of Wellington Street West and Island Park Drive between the Wellington West and Westboro communities. The unit is approximately 2,135 sq. ft. plus a large outdoor patio which fronts onto future greenspace/parkland. Ideally suited for a restaurant/cafe/bar business. The space is available March-May 2026. Net Rent is: $50 per sq. ft. for the first 5 years and $56 per sq. ft. for the second 5 year term. Additional Rent is estimated at $18-$20 per sq. ft. but to be confirmed. Note: this unit is owned privately and separately from the adjacent retail units also available for rent.

Sold data

Homes in Ottawa — recent sold market

Homes in Ottawa took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 50, across 2,342 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.

The median sale price was $649,000.

Homes sold for about 2.1% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$649,000
Sale-to-list ratio
97.9%
Sold above asking
11%

Based on 2,342 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1451 WELLINGTON STREET W