Mirna Botros

613-600-2626

673 675 Somerset Street - $2,150,000

673 675 Somerset Street - $2,150,000

673 675 Somerset Street

$2,150,000

4204 - West Centre Town
Ottawa, OntarioK1R6P3
0 beds
0 baths
null parking
MLS#: X12968770Listed: 5 months agoUpdated:3 months ago

Description

LANDMARK mixed-use investment opportunity in the heart of Ottawa's vibrant Chinatown. Situated on a high-visibility corner at Somerset St W and Bronson Ave, this fully tenanted property features 6 units, including 2 ground-floor commercial spaces and 4 residential apartments above. The commercial component is anchored by established tenants Pizza Pizza and TeaLive, both on triple net leases, providing stable, hands-off income. Residential units offer strong upside potential with below-market rents, allowing investors to increase cash flow over time. Zoned TM[112]H(16), this property allows for a wide range of commercial and residential uses, making it ideal for both investors and future redevelopment. Located in a high-foot-traffic area surrounded by restaurants, retail, and transit, demand continues to grow as Chinatown undergoes revitalization. This is a rare opportunity to secure a stable, income-generating asset with long-term growth potential. (id:58075)

Details

Details for 673 675 Somerset Street, Ottawa, Ontario
Property Type
Retail
Building Type
-
Storeys
-
Neighborhood
4204 - West Centre Town
Land Size
24 x 71.13 FT
Year Built
-
Annual Property Taxes
$12,782
Parking Type
-
Inside
Appliances
-
Rooms
-
Bedrooms
-
Bathrooms
0
Fireplace
-
Fireplace Total
-
Basement
-
Building
Architecture Style
-
Direction
Cross Streets: Bronson Ave & Somserset. ** Directions: Corner of Bronson Avenue and Somerset Street, 2nd store from Bronson on the north side of Somerset St.
Type of Dwelling
-
Roof
-
Exterior
-
Foundation
-
Flooring
-
Land
Sewer
-
Lot Size
24 x 71.13 FT
Zoning
-
Zoning Description
TM[112]H(16)
Parking
Features
-
Total Parking
-
Utilities
Cooling
Fully air conditioned
Heating
Other
Water
Municipal water
Feature Highlights
Community
-
Lot Features
-
Security
-
Pool
-
Waterfront
-

Rooms

Rooms for 673 675 Somerset Street, Ottawa, Ontario
LevelNameDimensions
Mirna Botros

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