For Sale316 SOMERSET STREET E
Ottawa, Ontario, K1N6W3
About this property
Prime mixed-use asset in sought-after Sandy Hill. Offering four spacious four-bedroom residential units and a ground-floor commercial space, this income-producing property combines strong tenant appeal with the flexibility of multiple revenue streams. Each unit features separate hydro meters, in-suite laundry, stainless steel appliances, air conditioning, and bright contemporary living spaces. Six covered bicycle spaces enhance convenience, while the central location-steps to shops, restaurants, schools, and transit-ensures enduring rental demand and long-term investment potential. Net Income $131,694.36/2025 (id:66947)
Property details
Property
- Property Type
- Multi-family
- Property Subtype
- Multi-family
- Bedrooms
- 16
- Bathrooms
- 0
- Lot Dimensions
- 39 x 97 FT ; 0
Interior
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Finished, Full
- Appliances
- Washer, Refrigerator, Stove, Dryer
Exterior
- Parking
- Other, No Garage
Utilities
- Water
- Municipal water
- Sewer
- Sanitary sewer
Financial
- Property Taxes
- 22710.13
Location
- City
- Ottawa
- Postal Code
- K1N6W3
Location
Estimated payment only. Not financial advice. Excludes taxes, insurance, condo fees and mortgage default insurance.
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