22
640 Somerset Street W
$850,000 Sale
Listed 42 days ago
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Listing History
Buy/Sell/Terminated/Expired listing history for 640 Somerset Street W
Key Facts
Key facts for 640 Somerset Street W
Property Type
Commercial
Parking
None
MLS #
X12268633
Size
-
Basement
-
Listed on
2025-07-07
Lot size
26 x 110.01
Tax
$8,300 /yr
Days on Market
42
Approximate Age
-
Maintenance Fee
-
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-c...ontained 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!
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Courtesy of: FIDACITY REALTY