CAONOttawaCentretown474 Somerset St W
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474 Somerset St W, Ottawa, ON

Real Estate

For Sale

Listed price in listed location currency (CAD).
$1,100,000

005

MLS® X12671378

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $12,984
Days Active 5
Approx. Age 
MLS® Number X12671378

Property Address: 474 Somerset St W, Ottawa, ON, K1R5J8

Average square foot calculated using Size range provided by listing agent.

Description

HIGH RETURN property - UNIQUE and in the heart of Centretown CENTRAL OTTAWA! LUCRATIVE Commercial residential investment with flexible zoning for other commercial or multi-residential uses if you like. Zoning code is TM14 H(20) . LOT SIZE 29 x 110 feet. In the heart of Centretown Ottawa, there are all the amenities and parks and transportation and public transportation around you. This property has a short term rental licence and has had well over $100, 000 in renovations to make it gross a high amount of rent for a property of its size. If maximizing your investment and even social impact and opportunity in the city, this property is for you. There is a strong mix of new immigrants that rent here and call this place home or a transition to a new home. With our population growth this is very valuable. GROSS INCOME: $116, 832.00 (when fully rented) - EXPENSES: $29, 664.15 = NOI $87, 165.85 . Reach out for more info and photos and to book a viewing... WE WELCOME OFFERS!
MLS® NumberX12671378
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 7, 2026List Date
$1,100,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
474 Somerset St W, Ottawa, ON

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