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For sale

640 Somerset Street W

$850,000
Ottawa, Ontario, K1R 5K4
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Overview

  • Updated On:
  • July 09 2025
  • MLS® Number
  • X12268633

Description

Currently bringing in $7,000/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! (id:57887)

Details

Price:
Price Info:
Property Size: 1500 sqft
Property Type: Retail
Neighbourhood: Golden Triangle

Features

Appliances
Dishwasher
Dryer
Washer
Cooling & Heating
Natural gas
Other

Calculator

$ 4,358.12
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,295.62

Building Details

Size
SizeExterior: 1500 sqft
SizeInterior: 1500 sqft
Utility
UtilityWater: Municipal water

Land Details

Acreage: No
SizeDepth: 110 Ft
SizeFrontage: 25 Ft ,10 In
SizeIrregular: Bldg=25.85 X 110.01 Ft
SizeTotalText: Bldg=25.85 X 110.01 Ft
ZoningDescription: Tm[2185]h(16)

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July 09 2025 01:33:34

Ottawa Real Estate Board

Fidacity Realty

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  • The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.
  • The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

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