125 Somerset ST W new Save Request In-Person Tour Request Virtual Tour
Ottawa Centre,ON K2P 0H7
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 32,208 sqft
Price per Sqft $279
Subdivision 4104 - Ottawa Centre/Golden Triangle
MLS Listing ID X12318312
Annual Tax Amount $92,477
Tax Year 2025
Property Sub-Type Investment
Property Description
125 Somerset Street West presents a rare opportunity to acquire a 30-unit multi-family property paired with 3 commercial units, strategically located in the heart of Centretown Ottawa. This asset offers the stability of residential income and the upside potential of retail frontage in one of the city's most dynamic urban corridors. Positioned within walking distance of Parliament Hill, University of Ottawa, and Elgin Streets amenities, the property benefits from constant tenant demand and foot traffic. Residents enjoy immediate access to transit, employment hubs, and lifestyle services essentials that drive strong rental absorption and long-term value appreciation. Approx 26% upside potential through below market rents.
Location
Province ON
County Ottawa
Community 4104 - Ottawa Centre/Golden Triangle
Area Ottawa
Interior
Cooling No
Exterior
Utilities Available Yes