NewFor Sale

118 Wellington Street W
Merrickville-Wolford, Leeds and Grenville, ON, K0G 1N0

Investment
TRREB
MLS® Number: X12840834
$998,000List Price
InvestmentProperty Type
1,560 sq ftSize
$4,834 / 2025Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 118 Wellington Street W, Merrickville-Wolford, ON K0G 1N0

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Description

Building and Business 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.

Features

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Amenities

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Summary

Tax (Annual):$4,834 / 2025
Listing #:X12840834
Property Type:Investment
Size:1,560 sq ft
Land Size:50 x 100
Days on CPRB:
Garage:Other
Locker:None
On CPRB Since:
Listing Brokerage:RIGHT AT HOME REALTY

Rooms

Details

Property

Property Type:Investment
Community:804 - Merrickville
Municipality:Leeds and Grenville

Building

Size:1,560 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Other
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed

Land

Cross Street:St. Lawrence / Wellington St.

$998,000

List price

118 Wellington Street W, Merrickville-Wolford – Investment for sale