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 Under Contract

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

Zoning R4H[480]

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 69.0

Lot Depth 62.0

Others

ParcelsYN No

Listed by COLDWELL BANKER SARAZEN REALTY

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314 Somerset ST E