640 Somerset Street W Ottawa, Ontario K1R 5K4
$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:37072)
Property Details
| MLS® Number | X12268633 |
| Property Type | Retail |
| Neigbourhood | Golden Triangle |
| Community Name | 4103 - Ottawa Centre |
| EquipmentType | Water Heater |
| RentalEquipmentType | Water Heater |
Building
| Appliances | Dishwasher, Dryer, Washer |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeExterior | 1500 Sqft |
| SizeInterior | 1500 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 110 Ft |
| SizeFrontage | 25 Ft ,10 In |
| SizeIrregular | Bldg=25.85 X 110.01 Ft |
| SizeTotalText | Bldg=25.85 X 110.01 Ft |
| ZoningDescription | Tm[2185]h(16) |
https://www.realtor.ca/real-estate/28570684/640-somerset-street-w-ottawa-4103-ottawa-centre
Interested?
Contact us for more information
Brittany Brown
Broker
1000 Innovation Drive
Ottawa, Ontario K2K 3E7
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August 22 2025 02:53:53
Ottawa Real Estate Board
Fidacity Realty