827 Somerset Street W, Ottawa
Presenting a rare opportunity in the heart of Chinartown. This prime mixed-use property features a ground-floor commercial space built out as a restaurant and a second-floor residential unit with four bedrooms and 2 full washrooms. This building offers exceptional flexibility for discerning investors. The building enjoys high visibility and significant exposure to both pedestrian and vehicular traffic, positioning it prominently within one of Ottawa's most dynamic and sought-after neighbourhoods.Tenants and patrons alike benefit from an enviable location just steps from Dow's Lake, Lebreton flats and surrounded by an eclectic array of boutiques, restaurants, and cafés. The area is exceptionally well-connected, providing effortless access to public transit and major thoroughfares. Adding to the property's appeal are four-plus on-site parking spots-a rare and valuable amenity. Currently fully tenanted with reliable, high-quality tenants, the building offers immediate, stable cash flow. This is a turnkey investment that seamlessly blends commercial potential with residential convenience in a truly vibrant setting. (id:1945)
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Property details for 827 Somerset Street W, Ottawa
- Type
- Commercial
- Living Area
- 3,500 square feet
- Lot Size
- Bldg=33 x 99 FT ; 0
- Heating
- Baseboard heaters, Forced air, Natural gas
- Cooling
- Fully air conditioned
- Annual Taxes
- $17,698
Nearby Listings Stat
Estimated price and comparable properties near 827 Somerset Street W
Active Listings
547
Min Price
$20,000
Max Price
$12,000,000
Avg Price
$836,669
Days on Market
74
days
Sold Listings
172
Min Sold Price
$89,000
Max Sold Price
$12,000,000
Avg Sold Price
$778,401
Days until Sold
79
days
Neighbourhood Census Data
Ottawa, Ontario
Population
615
Median Age
37.2
Median Income
$42,048
Dwelling Value
$474,694
Housing Tenure
Owners 57%
Renters 44%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.1
Pop. Density: 8,244.0/km²
Avg Shelter Cost: $1,491/mo
Owners with Mortgage: 62.9%
Owners Spending 30%+: 17.1%
Tenants Spending 30%+: 34.6%
English only: 55.3%
English and French: 42.3%
Neither: 2.4%
Median Household Income: $80,384
Median Employment Income: $45,952
Price History
Listed
May 8, 2026
by COLDWELL BANKER FIRST OTTAWA REALTY
Current Price
$1,490,000
Type
Commercial
For Sale
