27 photos
$2,899,900
ActiveAbout 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
Listed by EXP REALTY · MLS# X13433890
About Sandy Hill
Sandy Hill is a historic urban neighbourhood located directly east of Ottawa's downtown core, bounded by the Rideau River to the east, Rideau Street to the north, and the University of Ottawa campus to the south and west. This duality — heritage residential streets alongside a major university — gives Sandy Hill a unique energy that combines the architectural grandeur of embassy row with the youthful vitality of a university quarter.
Features & Details
Property details of 316 SOMERSET Street, Ottawa, ON
Market Insights for Fourplex in Ottawa
Based on 6 sales in the last 90 days · Showing city-wide data
Buyer’s Market
Properties are sitting longer (avg 54 days). Buyers have more negotiating power and time to decide.
New Listings
6
Avg Days on Market
54 days
Avg Price/Sq Ft
$395
Location
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Cash Flow Analysis
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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