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$ 1,800,000
Est. payment /mo
Active
314 Somerset ST E Lower Town - Sandy Hill, ON K1N 6W3
3,520 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
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
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 69.0
Lot Depth 62.0
Others
ParcelsYN No
Listed by COLDWELL BANKER SARAZEN REALTY