314 Somerset ST E, Lower Town - Sandy Hill, ON K1N 6W3
314 Somerset ST E, Lower Town - Sandy Hill, ON K1N 6W3
314 Somerset ST E, Lower Town - Sandy Hill, ON K1N 6W3
314 Somerset ST E, Lower Town - Sandy Hill, ON K1N 6W3
314 Somerset ST E, Lower Town - Sandy Hill, ON K1N 6W3
314 Somerset ST E, Lower Town - Sandy Hill, ON K1N 6W3
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$ 1,800,000
Est. payment | /mo

3,520 SqFt


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$ 1,800,000
Est. payment | /mo
Save

3,520 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 3,520 sqft

Price per Sqft $511

Subdivision 4004 - Sandy Hill

MLS Listing ID X13242440

Annual Tax Amount $12,737

Tax Year 2025

Property Sub-Type Investment

Property Description

Solid six units all brick building. 5-2 bed and 1-1 bed. Fully rented, Tenants have been there for a while. Present Zoning R4U (480) could be changing to CMI (480) H20. Income could be a lot higher. Grossing $107,076, Expenses $35,371, Net $73,705. Most of the windows (17 Windows) replaced 7 years ago. Hot Water Tanks owned. Tenants pay their own Hydro. 3+ parking spots, on site laundry, 4 balconies, corner lot 69' x 62'. Boiler 2010, Roof 8 years old appx. In the heart of Sandy Hill. Very desirable rental market neighbourhood walking distance to Ottawa University.

Location

Province ON

County Ottawa

Area Ottawa

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 69.0

Lot Depth 62.0

Others

ParcelsYN No

Listed by COLDWELL BANKER SARAZEN REALTY
Patrick Nabhan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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314 Somerset ST E