ON > Lower Town - Sandy Hill > 4004 - Sandy Hill
Lower Town - Sandy Hill, ON K1N 6V7,279 Somerset ST E
Lower Town - Sandy Hill, ON K1N 6V7,279 Somerset ST E
Lower Town - Sandy Hill, ON K1N 6V7,279 Somerset ST E
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$1,219,000
Est. payment /mo
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7 Beds
4 Baths
Active

279 Somerset ST E Lower Town - Sandy Hill, ON K1N 6V7

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2026
1
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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision 4004 - Sandy Hill

MLS Listing ID X12486659

Style 3-Storey

Bedrooms 7

Annual Tax Amount $9,755

Tax Year 2025

Property Sub-Type Triplex

Property Description

Exceptional Triplex in the Heart of Sandy Hill! A rare opportunity to own a fully leased, income-generating property in one of Ottawa's most desirable downtown neighbourhoods. This 3-storey triplex offers modern comfort, strong rental returns, and unbeatable location-perfect for investors or owner-occupiers alike. Each unit is self-contained with its own kitchen, full bathroom(s), and in-unit laundry, ensuring convenience and privacy for all tenants. Unit 1 (Main + Lower): 5-bedroom layout (3 on main, 2 below) with 2 full baths, shared kitchen and laundry, currently rented for $4,150/month. Unit 2 (Second Floor): Bright 2-bedroom + den apartment with full kitchen and laundry, ideal for professionals or students, rented for $1,800/month. Unit 3 (Third Floor): Spacious 2-bedroom unit featuring its own laundry and kitchen, bringing in $1,850/month including parking. Recent updates include a new A/C unit and owned hot water tank (2023). Three on-site parking spaces add further appeal. The property generates an impressive annual gross income of $93,600, with net income of $74,530 (after expenses) - a truly turn-key investment. Landlord pays for the utilities. Most units are available fully furnished, offering flexible options for short-term or long-term rentals. With steady leases signed within the past year and its proximity to Ottawa U, downtown amenities, and the Rideau Canal, this triplex combines strong cash flow with long-term growth potential. A solid investment in a prime downtown location. Don't miss it!

Location

Province ON

County Ottawa

Area Ottawa

Rooms

Family Room No

Basement Full, Finished, Apartment

Kitchen 3

Interior

Interior Features Water Heater Owned

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Available

Pool None

Roof Type Asphalt Shingle

Lot Frontage 41.0

Lot Depth 72.0

Total Parking Spaces 3

Building

Foundation Concrete

Others

ParcelsYN No

Virtual Tour https://youtube.com/shorts/9eSevuK2VDg?feature=share

Listed by ROYAL LEPAGE INTEGRITY 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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279 Somerset ST E

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