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827 SOMERSET Street

4204 - West Centre Town / West Centre Town, ON K1R 6R4

ActiveFor Sale
0 Beds
0 Baths
3,500 Sq Ft
Commercial

About This Property

Presenting a rare opportunity in the heart of Chinartown. This prime mixed-use property features a ground-floor commercial space built out as a restaurant and a second-floor residential unit with four bedrooms and 2 full washrooms. This building offers exceptional flexibility for discerning investors. The building enjoys high visibility and significant exposure to both pedestrian and vehicular traffic, positioning it prominently within one of Ottawa's most dynamic and sought-after neighbourhoods.Tenants and patrons alike benefit from an enviable location just steps from Dow's Lake, Lebreton flats and surrounded by an eclectic array of boutiques, restaurants, and cafés. The area is exceptionally well-connected, providing effortless access to public transit and major thoroughfares. Adding to the property's appeal are four-plus on-site parking spots-a rare and valuable amenity. Currently fully tenanted with reliable, high-quality tenants, the building offers immediate, stable cash flow. This is a turnkey investment that seamlessly blends commercial potential with residential convenience in a truly vibrant setting.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size3,500 sq ft
Bedrooms0
Bathrooms0
Postal CodeK1R 6R4
Last UpdatedAug 8, 2026 · 5:37 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13111302

Listed by COLDWELL BANKER FIRST OTTAWA 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.

$1,490,000

asking price

MLS®X13111302
TypeCommercial
CityWest Centre Town
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$7,276

/month · $1,192,000 mortgage

Down Payment20% — $298,000
Interest Rate5.5%

Amortization

Total Interest

$990,760

Total Cost

$2,182,760

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

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Listed By

COLDWELL BANKER FIRST OTTAWA REALTY