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316 SOMERSET Street

4004 - Sandy Hill / Lower Town - Sandy Hill, ON K1N 6W3

ActiveFor Sale
16 Beds
0 Baths
700 Sq Ft
Multi-Family

About This Property

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

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size700 sq ft
Bedrooms16
Bathrooms0
Postal CodeK1N 6W3
Last UpdatedAug 8, 2026 · 7:59 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13433890

Listed by EXP 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.

$2,899,900

asking price

MLS®X13433890
TypeMulti-Family
CityLower Town - Sandy Hill
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$14,161

/month · $2,319,920 mortgage

Down Payment20% — $579,980
Interest Rate5.5%

Amortization

Total Interest

$1,928,258

Total Cost

$4,248,178

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

EXP REALTY