Name: 640 SOMERSET STREET W, Ottawa | MLS® X12268633
SKU: x12268633
Price: 850000.0 CAD
Availability: InStock

$850,000 Sale

Listed 52 days ago

640 SOMERSET STREET W

MLS® x12268633 Retail

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · 1500

Est. mortgage

$3,975/mo

Key Facts

Key facts for 640 SOMERSET STREET W

Property Type

Commercial

Parking

Garage: No, 0 parking

MLS #

X12268633

Size

1500 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

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-c...ontained 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:10452)

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Full Property Details

Interior

Washrooms

0.0

Square Footage

1500 sqft

Heating Source

Natural gas

Heating Type

Other

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

1500 sqft

Heating Source

Natural gas

Heating Type

Other

Full Bathrooms

Half Bathrooms

Exterior

Acreage

Bldg=25.85 x 110.01 FT

Parking Spaces

Garage Spaces Y/N

Zoning Description

TM[2185]H(16)

Acreage

Bldg=25.85 x 110.01 FT

Parking Spaces

Garage Spaces Y/N

Zoning Description

TM[2185]H(16)

Building Description

Home Type

Commercial

Subtype

Retail

Water Supply

Municipal water

Home Type

Commercial

Subtype

Retail

Water Supply

Municipal water

Community

4103 - Ottawa Centre

Area Code

Ottawa

Community

4103 - Ottawa Centre

Area Code

Ottawa

Murtaza Siddiqui

Email: [email protected] Cell: 613-805-1111