Name: 474 SOMERSET STREET W, Ottawa | MLS® X12470520
SKU: x12470520
Price: 999900.0 CAD
Availability: InStock

$999,900 Sale

Listed 14 hours ago

474 SOMERSET STREET W

MLS® x12470520 Offices

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Beds · 0

Baths · 0.0

Parking · 5

Sqft · 2809

Est. mortgage

$3,793/mo

Key Facts

Key facts for 474 SOMERSET STREET W

Property Type

Commercial, Offices

Parking

Garage: No, 5 parking

MLS #

X12470520

Size

2809 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

LUCRATIVE Commercial residential investment with flexible zoning for other commercial or multi-residential uses if you like. Zoning code is TM14 H(20) . LOT SIZE 29 x 110 feet. In the heart of Centretown Ottawa, there are all the amenities and parks and transportation and public transportation arou...nd you. This property has a short term rental licence and has had well over $100,000 in renovations to make it gross a high amount of rent for a property of it's size. If maximizing your investment and even social impact and opportunity in the city, this property is for you. There is a strong mix of new immigrants that rent here and call this place home or a transition to a new home. With our population growth this is very valuable. GROSS INCOME: $116,832.00 (when fully rented) - EXPENSES: $29,664.15 = NOI $87, 165.85 . Reach out for more info and photos and to book a viewing... WE WELCOME OFFERS! (id:10452)

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Full Property Details

Interior

Washrooms

0.0

Square Footage

2809 sqft

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

2809 sqft

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Exterior

Acreage

Bldg=29 x 110 FT ; 0

Parking Spaces

Garage Spaces Y/N

Zoning Description

TM14 H

Acreage

Bldg=29 x 110 FT ; 0

Parking Spaces

Garage Spaces Y/N

Zoning Description

TM14 H

Building Description

Style

Offices

Home Type

Commercial

Subtype

Offices

Water Supply

Municipal water

Style

Offices

Home Type

Commercial

Subtype

Offices

Water Supply

Municipal water

Community

4103 - Ottawa Centre

Area Code

Ottawa

Community

4103 - Ottawa Centre

Area Code

Ottawa

Personalized Realty

Email: [email protected] Cell: 613-805-3555