ON > Ottawa Centre > 4103 - Ottawa Centre
Ottawa Centre, ON K1R 5K4,640 Somerset ST W
Ottawa Centre, ON K1R 5K4,640 Somerset ST W
Ottawa Centre, ON K1R 5K4,640 Somerset ST W
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$850,000
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1,500 SqFt
Active

640 Somerset ST W Ottawa Centre, ON K1R 5K4

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $566

Subdivision 4103 - Ottawa Centre

MLS Listing ID X12268633

Annual Tax Amount $8,300

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

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

Location

Province ON

County Ottawa

Community 4103 - Ottawa Centre

Area Ottawa

Interior

Cooling No

Exterior

Utilities Available None

Lot Frontage 25.85

Lot Depth 110.01

Others

Security Features No

Listed by FIDACITY REALTY
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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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640 Somerset ST W

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