$ 850,000
-
$850,000
Price -
0
Bed - Bath
-
1,500
SqFt
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About the Listing 489100 -
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
Listing Highlights for 640 Somerset St W
Status
Active
Days on Site
65
Property Type
Commercial Sale
MLS ®
X12268633
Year Built
Total Square Footage
1,500
Lot/Acreage
2840.38
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: No
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $8,300
- Taxes w/Assessments: N/A
- Tax/Property ID: 041210447
- Tax Year: 2025
Payment Calculator
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Listing Location
Questions About..
640 Somerset St W Ottawa Centre, ON K1R 5K4
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