$ 724,900
640 Somerset Street W
640 Somerset Street W, Ottawa, ON K1R5K4 Photo 1
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640 Somerset Street W, Ottawa, ON K1R5K4 Photo 3
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640 Somerset Street W, Ottawa

INVESTORS & DEVELOPERS! Currently generating $7,042/month ($84,504/year) in gross rental income, this rare detached mixed-use property in the heart of Centretown West offers exceptional flexibility and future potential. The upper residential unit is rented for $2,300/month, the main-floor commercial space for $3,842/month through 2027, plus $900/month from the rear space. Zoned TM(2185) H(16), the property offers residential and commercial possibilities and multiple income streams. The main level is currently configured as commercial space, while the self-contained upper unit features a separate entrance and private second-floor balcony. Significant improvements were completed in 2022, including updated appliances and interior upgrades. Additional features include a dry basement and major system updates including roof and furnace. Ideally positioned on Somerset St W in vibrant Chinatown, just minutes from Little Italy, LeBreton Flats, downtown, shops, restaurants, transit and the LRT. Strong income today with exciting long-term potential. (Buyer to verify zoning, permitted uses and redevelopment possibilities. Sold as is) (id:1945)
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Property details for 640 Somerset Street W, Ottawa

Type
Commercial
Bedrooms
4
Bathrooms
5
Living Area
1,500 square feet
Lot Size
Bldg=25.85 x 110.01 FT
Heating
Forced air, Natural gas
Cooling
None
Annual Taxes
$8,300

Nearby Listings Stat

Estimated price and comparable properties near 640 Somerset Street W

Active Listings
1
Min Price
$724,900
Max Price
$724,900
Avg Price
$724,900
Days on Market
33
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Price History

Listed
September 12, 2026
by FIDACITY REALTY
Current Price
$724,900
-6.5% from last change
Type
Commercial
For Sale
Price Changes
2
Date Price Change
Current $724,900 $50,100 (-6.5%)
Sep 12, 2026 $775,000 $75,000 (-8.8%)
Aug 21, 2026 $850,000 Listed

Contact Agent Get in touch about 640 Somerset Street W, Ottawa

Brittany Brown
Brittany Brown
FIDACITY REALTY

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Comparison of 640 Somerset Street W, Ottawa, ON with Nearby Commercial Listings
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