314 Somerset Street
Lower Town - Sandy Hill, ON K1N 6W3
NewActiveFor Sale
0 Beds
0 Baths
3,520 Sq Ft
Commercial
About This Property
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.
Property Details
StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size3,520 sq ft
Bedrooms0
Bathrooms0
ListedJune 8, 2026
Postal CodeK1N 6W3
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13242440
Listed by COLDWELL BANKER SARAZEN REALTY
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 CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$8,790
/month · $1,440,000 mortgage
Down Payment20% — $360,000
Interest Rate5.5%
Amortization
Total Interest
$1,196,891
Total Cost
$2,636,891
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
COLDWELL BANKER SARAZEN REALTY