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$1,700,000
Status: For Sale
Solid six units all brick building. 5-2 bed and 1-1 bed. Fully rented; tenants have been there for a while. Present zoning: R4U (480) could be changing to CMI (480) H20. Income could be a lot higher. Grossing $111,764.00, Expenses $32,759.00, Net $80,005.00. New roof (2018). Most of the windows (17 Windows) were replaced 7 years ago. Hot Water Tanks owned. Tenants pay their own Hydro. 3+ parking spots, on-site laundry, 4 balconies, corner lot 69' x 62'. Boiler 2010, Roof 8 years old appx. In the heart of Sandy Hill. Very desirable rental market neighbourhood, within walking distance to Ottawa University.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X13242440 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :19 Sep, 2026 (23 Hours ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Ottawa |
|---|---|
| Postal Code | :
K1N 6W3
|
| Price | : $1,700,000 |
|---|---|
| Property Taxes | :$12737.0 |
| Tax Year | :2025 |
|---|
| Air Conditioning | :No |
|---|---|
| Heating | :Gas Forced Air Closed |
| Cross Street | :Somerset St. E and Chapel St |
19 Sep, 2026
TREB #X13242440
Price Change
$1700000.0
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$1,700,000
314 Somerset Street E, Ottawa, ON
Listing ID #X13242440
Price drop by $100,000
Price drop by $100,000