787 1/2 Somerset Street
West Centre Town, ON K1R 6R3
About This Property
Retail space available for Sub-Lease in a central Ottawa neighbourhood. Located on the north side of Somerset Street West close to Booth Street intersection. The space is in great condition, features exposed brick wall, a backroom for storage and a basement that includes a finished washroom and storage space. Available January 1, 2026. Current lease ends April 30th, 2028. New tenant to assume existing lease. Rent is as follows: $2,750 plus HST until April 30th, 2026 and $2,850 plus HST until April 30th, 2028. Tenant pays utilities. Tenant pays increases in property taxes, heating, water, and building insurance on an annual basis using a Base Year 2023. Opportunity to extend lease for full 5 year term.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12580622
Listed by SHAKER REALTY LTD.
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
$14
/month · $2,280 mortgage
Amortization
Total Interest
$1,895
Total Cost
$4,175
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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SHAKER REALTY LTD.