Mirna Botros
613-600-2626640 Somerset Street - $775,000
640 Somerset Street - $775,000
640 Somerset Street
$775,000
4103 - Ottawa Centre
Ottawa, OntarioK1R5K4
0 beds
0 baths
null parking
MLS#: X13702186Listed: about 4 hours agoUpdated:about 4 hours ago
Description
INVESTORS & DEVELOPERS! Currently generating $7,042/month ($84,504/year) in gross rental income, this rare detached mixed-use property in the heart of Centretown West offers exceptional flexibility and future potential. The upper residential unit is rented for $2,300/month, the main-floor commercial space for $3,842/month through 2027, plus $900/month from the rear space. Zoned TM(2185) H(16), the property offers residential and commercial possibilities and multiple income streams. The main level is currently configured as commercial space, while the self-contained upper unit features a separate entrance and private second-floor balcony. Significant improvements were completed in 2022, including updated appliances and interior upgrades. Additional features include a dry basement and major system updates including roof and furnace. Ideally positioned on Somerset St W in vibrant Chinatown, just minutes from Little Italy, LeBreton Flats, downtown, shops, restaurants, transit and the LRT. Strong income today with exciting long-term potential. (Buyer to verify zoning, permitted uses and redevelopment possibilities. Sold as is) (id:58075)Details
Details for 640 Somerset Street, Ottawa, Ontario- Property Type
- Retail
- Building Type
- -
- Storeys
- -
- Neighborhood
- 4103 - Ottawa Centre
- Land Size
- Bldg=25.85 x 110.01 FT
- Year Built
- -
- Annual Property Taxes
- $8,300
- Parking Type
- -
Inside
- Appliances
- Washer, Dishwasher, Dryer
- Rooms
- -
- Bedrooms
- -
- Bathrooms
- 0
- Fireplace
- -
- Fireplace Total
- -
- Basement
- -
Building
- Architecture Style
- -
- Direction
- Cross Streets: Bronson. ** Directions: 417 to Bronson North Turn Right (East) on Somerset.
- Type of Dwelling
- -
- Roof
- -
- Exterior
- -
- Foundation
- -
- Flooring
- -
Land
- Sewer
- -
- Lot Size
- Bldg=25.85 x 110.01 FT
- Zoning
- -
- Zoning Description
- TM[2185]H(16)
Parking
- Features
- -
- Total Parking
- -
Utilities
- Cooling
- None
- Heating
- Forced air, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- -
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 640 Somerset Street, Ottawa, OntarioMap
Mirna Botros RealtorCopyright 2026