314 Somerset Street E, Ottawa
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. (id:1945)
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Property details for 314 Somerset Street E, Ottawa
- Type
- Multi-family
- Living Area
- 3,520 square feet
- Lot Size
- 3520
- Heating
- Forced air, Natural gas
- Cooling
- None
- Annual Taxes
- $12,737 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 314 Somerset Street E
Active Listings
603
Min Price
$2,200
Max Price
$12,000,000
Avg Price
$845,254
Days on Market
82
days
Sold Listings
194
Min Sold Price
$89,000
Max Sold Price
$12,000,000
Avg Sold Price
$783,352
Days until Sold
82
days
Neighbourhood Census Data
Ottawa, Ontario
Population
477
Median Age
23.8
Median Income
$21,088
Dwelling Value
$598,594
Housing Tenure
Owners 49%
Renters 49%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.5
Pop. Density: 5,426.6/km²
Avg Shelter Cost: $1,493/mo
Owners with Mortgage: 47.4%
Owners Spending 30%+: 21.1%
Tenants Spending 30%+: 60%
English only: 47.4%
French only: 1.1%
English and French: 50.5%
Neither: 1.1%
Median Household Income: $54,784
Median Employment Income: $15,008
Price History
Listed
June 4, 2026
by COLDWELL BANKER SARAZEN REALTY
Current Price
$1,700,000
-5.6% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $1,700,000 | $100,000 (-5.6%) |
| Sep 19, 2026 | $1,800,000 | Listed |