Aldo Udovicic, BrokerRe/Max Crossroads Realty Inc., Brokerage533 Danforth Rd, Scarborough(416) 438-2536getaldonow@gmail.com
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Listings118 Wellington Street

118 Wellington Street, Merrickville-Wolford, ON K0G 1N0

$998,000

activeNEW
MLS® #X12840810Commercial
2Beds
2Baths
1,100Sq Ft
118 Wellington Street, Merrickville-Wolford, ON K0G 1N0 - Photo 1
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About This Property

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.

Property Details

Property Type

Commercial

Status

Active

MLS® Number

X12840810

Bedrooms

2

Bathrooms

2

Interior Sq Ft

1,100

Listed

March 3, 2026

Features & Amenities

View
Air Conditioning
Basement
0

Listing Information

MLS®# X12840810
RIGHT AT HOME REALTY
Listed March 3, 2026

$998,000

Commercial · For Sale

2

Beds

2

Baths

1,100

Sq Ft

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Re/Max Crossroads Realty Inc., Brokerage — 533 Danforth Rd, Scarborough ON M1K 1C9