640 Somerset Street W, Ottawa

Water Source: Municipal water
Lot Size Dimensions: Bldg=25.85 x 110.01 FT

Living area: 1500 square feet
Type: Commercial
Added: 1 month ago
Updated: 2 weeks ago
Last Checked: 6 days ago
Listed by: FIDACITY REALTY
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Listing description
This Commercial listing at 640 Somerset Street W Ottawa, ON with the MLS Number x12268633 listed by Brittany Brown - FIDACITY REALTY on the Ottawa market 1 month ago at $850,000.

Currently bringing in $5,800 month in rental income, this rare and versatile detached property in the heart of Centretown is a standout opportunity for investors and developers. Zoned TM, it allows for both residential and commercial use, offering endless potential. The home is split into two self-contained units with separate entrances, and was reconfigured in 2022 into a spacious four-bedroom layout with over $50,000 in upgrades, including new appliances. Its zoned as a triplex and permits both residential and commercial/industrial uses, making it ideal for future conversion or redevelopment. The main level is currently set up as a hair salon, while the upper unit is tenanted. Bonus features include a second-floor balcony, dry basement, and major system updates in 2014 (roof, furnace) Located just steps from Little Italy, Chinatown, LeBreton Flats, and the new LRT, this is a prime piece of Ottawa real estate (id:1945)

Property Details Key information about 640 Somerset Street W