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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
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