Mirna Botros
613-600-2626609 615 Somerset Street - $2,600,000
609 615 Somerset Street - $2,600,000
609 615 Somerset Street
$2,600,000
4102 - Ottawa Centre
Ottawa, OntarioK1R5K3
0 beds
0 baths
null parking
MLS#: X13868736Listed: about 3 hours agoUpdated:about 3 hours ago
Description
Well-located mixed-use investment in the heart of one of Ottawa's most established heritage neighbourhoods! Positioned on a prominent corner lot, this property is located within a bustling retail node surrounded by a balanced mix of national brand retailers and strong independent operators, supporting consistent pedestrian activity and stable long-term occupancy. The building includes three ground-floor retail units with strong visibility along Somerset Street, supported by a 24-hour adjusted traffic count of 9,113. The second floor comprises five 1-bedroom apartments, four of which have been recently upgraded with new kitchens and flooring. Recent capital improvements - including a 4-year-old boiler, 12-year-old roof, and 1-year-old windows and sills - provide operational stability and reduce near-term capital requirements. Situated on a 3,735 sq. ft. lot with potential parking accessed from Percy Street, the property benefits from H1[2185] Hub Zone zoning and a 16.5-metre height allowance, offering flexibility for future intensification. Current well-established retail tenants - Sudsey's Laundromat, Vapingstory & Smoke, and La Tiendita Latin Market - provide steady daily traffic and reliable cash flow. The location is a core strength: a heritage neighbourhood within close walking distance to the central business district, major employment centers, rapid transit, and immediate access to Highway 417, ensuring efficient connectivity across the city. Overall, 609-615 Somerset Street West presents a stable, income-producing urban asset with strong fundamentals, reliable tenancy, and clear long-term optionality supported by zoning, visibility, and sustained neighbourhood demand. (id:58075)Details
Details for 609 615 Somerset Street, Ottawa, Ontario- Property Type
- Retail
- Building Type
- -
- Storeys
- -
- Neighborhood
- 4102 - Ottawa Centre
- Land Size
- Bldg=67 x 56 FT
- Year Built
- -
- Annual Property Taxes
- $26,662
- Parking Type
- -
Inside
- Appliances
- -
- Rooms
- -
- Bedrooms
- -
- Bathrooms
- 0
- Fireplace
- -
- Fireplace Total
- -
- Basement
- -
Building
- Architecture Style
- -
- Direction
- Cross Streets: Somerset St W and Percy St. ** Directions: From Highway 417 north on Bronson. Right on Somerset St W. Property on left.
- Type of Dwelling
- -
- Roof
- -
- Exterior
- -
- Foundation
- -
- Flooring
- -
Land
- Sewer
- -
- Lot Size
- Bldg=67 x 56 FT
- Zoning
- -
- Zoning Description
- H1[2185] H(16.5)
Parking
- Features
- -
- Total Parking
- -
Utilities
- Cooling
- None
- Heating
- Radiator
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- -
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 609 615 Somerset Street, Ottawa, OntarioMap
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