316 SOMERSET Street E, Lower Town - Sandy Hill, ON K1N 6W3
- $2,899,900
- 16
- BD
- List Price
- $2,899,900
- MLS#
- X13433890
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Fourplex
- Style
- 3-Storey
- Bedrooms
- 16
- Living Area
- < 700
- Province
- ON
- Municipality
- Lower Town - Sandy Hill
- Area
- Ottawa
- Neighborhood
- 4004 - Sandy Hill
- Subdivision
- Blackburn Ave.
Property Description
Prime mixed-use asset in sought-after Sandy Hill. Offering four spacious four-bedroom residential units and a ground-floor commercial space, this income-producing property combines strong tenant appeal with the flexibility of multiple revenue streams. Each unit features separate hydro meters, in-suite laundry, stainless steel appliances, air conditioning, and bright contemporary living spaces. Six covered bicycle spaces enhance convenience, while the central location-steps to shops, restaurants, schools, and transit-ensures enduring rental demand and long-term investment potential. Net Income $131,694.36/2025
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Additional Information
- Taxes
- $22,710
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Exterior
- Other
- Garage Type
- Other
- Pool
- None
- Parking Spaces
- 2
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Listing courtesy of EXP REALTY.