CAONMerrickville118 Wellington St W
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118 Wellington St W, Merrickville, ON

House

For Sale

Listed price in listed location currency (CAD).
$998,000

224

MLS® X12840810

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Residential
Size -
Garage None
Taxes $4,834
Days Active 47
Lot Size 
Approx. Age 
MLS® Number X12840810

Property Address: 118 Wellington St W, Merrickville, ON, K0G1N0

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberX12840810
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementNone
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 3, 2026List Date
$998,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price

Home Appraisal

This property is estimated to sell between: $499,000 and $1,248,000.
Similar properties in this area sold on average for: $499,166
Expected to sell very soon! Similar properties sold in 33 days. This home has been on eXp Realty for 47 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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118 Wellington St W, Merrickville, ON

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