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Mixed-use · Ottawa, Canada

Wellington West Live-Work Block

Wellington West

The opportunity

Wellington West Live-Work Block pairs stable main-street retail with residential above that has never been professionally managed. Retail alone covers 1.22x debt service; the trapped value is legacy residential rents and zero ancillary income. The Ottawa case: federal tenancy, low volatility, and the thinnest broker coverage of the four markets.

Retail income alone covers 1.22x debt service
13% residential rent-to-market gap
No parking, storage or laundry income captured