327 Somerset Street E, Ottawa

327 Somerset Street E, Ottawa, ON K1N6W4 Photo 1

30 Photos

327 Somerset Street E, Ottawa, ON K1N6W4 Photo 2
327 Somerset Street E, Ottawa, ON K1N6W4 Photo 3
327 Somerset Street E, Ottawa, ON K1N6W4 Photo 4
327 Somerset Street E, Ottawa, ON K1N6W4 Photo 5
327 Somerset Street E, Ottawa, ON K1N6W4 Photo 6
327 Somerset Street E, Ottawa, ON K1N6W4 Photo 7
  • MLS®: 1372195
  • Added: 137 days ago

Property Details

CENTRALLY LOCATED TURNKEY MULTI! 3 x large 1-beds; 2 x 2-beds; 2 x 3-beds. Don’t miss this fully-occupied & rare investment property in Ottawa’s popular Sandy Hill! Steps from everything, including the University of Ottawa, Byward Market, riverfront Strathcona Park, LRT, shopping & the Rideau Canal, you'll never have an issue securing a mix of quality tenants. Proud ownership for 15 years! Well-maintained & boasting character, incl historic mouldings, hrdwd floors, vaulted ceilings, lots of natural light & covered balconies, this income-generating 6-UNIT +1 building offers an incredible opportunity in a sought-after rental market. W/ convenient access to all amenities (incl HWY 417), situated on a major bus route, and just a 5-min walk to U of O & LRT, this is an ideal location to start growing your portfolio in downtown Ottawa! Avail for immediate possession. No Heritage designation. (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Cooling: None
  • Heating: Radiant heat, Natural gas
  • List AOR: Ottawa
  • Stories: 3
  • Tax Year: 2023
  • Year Built: 1902
  • Photos Count: 30
  • Water Source: Municipal water
  • Parcel Number: 042080292
  • Parking Total: 2
  • Common Interest: Freehold
  • Association Name: N/A -
  • Street Dir Suffix: East
  • Tax Annual Amount: 13188
  • Exterior Features: Brick, Stone, Vinyl
  • Foundation Details: Stone, Block
  • Lot Size Dimensions: 33.33 ft X 71.33 ft
  • Zoning Description: R4UB[480]-c
  • Number Of Units Total: 7
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Nearby Places

Name Type Address Distance
Sandy Hill, Ottawa The neighbourhood is bordered on the west by the R... 0.1 km
Strathcona Park (Ottawa) It lies on the west bank of the Rideau River and m... 0.2 km
Canada–Democratic Republic of the Congo relations Canada has an embassy in Kinshasa and D.R... 0.3 km
High Commission of Pakistan, Ottawa The chancery is located at 10 Range Road in the Sa... 0.3 km
Embassy of Switzerland, Ottawa It is located at 5 Marlborough Avenue in Ottawa, t... 0.4 km
All Saints Anglican Church (Ottawa) The building was sold in 2015 and is slated to bec... 0.4 km
Goodwin House (Ottawa) Located at 312 Laurier Avenue East it was built by... 0.4 km
Embassy of Egypt, Ottawa It is located at 454 Laurier Avenue East in Ottawa... 0.4 km
Laurier House National Historic Site of Canada Lodging 335 Laurier Ave East And 0.4 km
St. Clement Parish (Ottawa) Clement Parish is a bilingual Roman Catholic paris... 0.4 km
High Commission of Kenya, Ottawa It is located at 415 Laurier Avenue East in Ottawa... 0.5 km
High Commission of Brunei, Ottawa The High Commission of Brunei Darussalam in Canada... 0.5 km
327 Somerset Street E mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 327 Somerset Street E. The current price of the property is $2,199,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,759,200. This would result in a monthly mortgage payment of $10,283 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 60
Bachelor's degree 95
University / Above bachelor level 10
College 15
University degree at bachelor level or above 190

Neighbourhood Marital Status Stat

Married 95
Widowed 10
Divorced 10
Never married 210
Living common law 50
Married or living common law 145
Not married and not living common law 230

Neighbourhood Construction Date

1961 to 1980 35
1981 to 1990 10
1991 to 2000 10
1960 or before 145
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