All Listings
640 Somerset Street, Ottawa, ON — photo 1
640 Somerset Street, Ottawa, ON — photo 2
640 Somerset Street, Ottawa, ON — photo 3
640 Somerset Street, Ottawa, ON — photo 4
640 Somerset Street, Ottawa, ON — photo 5
640 Somerset Street, Ottawa, ON — photo 6
640 Somerset Street, Ottawa, ON — photo 7
640 Somerset Street, Ottawa, ON — photo 8
640 Somerset Street, Ottawa, ON — photo 9
640 Somerset Street, Ottawa, ON — photo 10
640 Somerset Street, Ottawa, ON — photo 11
640 Somerset Street, Ottawa, ON — photo 12
640 Somerset Street, Ottawa, ON — photo 13
640 Somerset Street, Ottawa, ON — photo 14
640 Somerset Street, Ottawa, ON — photo 15
640 Somerset Street, Ottawa, ON — photo 16
640 Somerset Street, Ottawa, ON — photo 17
640 Somerset Street, Ottawa, ON — photo 18
640 Somerset Street, Ottawa, ON — photo 19
640 Somerset Street, Ottawa, ON — photo 20
640 Somerset Street, Ottawa, ON — photo 21
640 Somerset Street, Ottawa, ON — photo 22
1 / 22

$724,900

Active
640 Somerset Street, Ottawa, ON· Ottawa Centre
1500
Sq Ft
2840.38 Feet
Lot Size
Multi-Use
Style

Get alerts for new listings in Ottawa Centre

Be the first to know when a new home hits the market here.

Set up alerts

About this Property

INVESTORS & DEVELOPERS! Currently generating $7,042/month ($84,504/year) in gross rental income, this rare detached mixed-use property in the heart of Centretown West offers exceptional flexibility and future potential. The upper residential unit is rented for $2,300/month, the main-floor commercial space for $3,842/month through 2027, plus $900/month from the rear space. Zoned TM(2185) H(16), the property offers residential and commercial possibilities and multiple income streams. The main level is currently configured as commercial space, while the self-contained upper unit features a separate entrance and private second-floor balcony. Significant improvements were completed in 2022, including updated appliances and interior upgrades. Additional features include a dry basement and major system updates including roof and furnace. Ideally positioned on Somerset St W in vibrant Chinatown, just minutes from Little Italy, LeBreton Flats, downtown, shops, restaurants, transit and the LRT. Strong income today with exciting long-term potential. (Buyer to verify zoning, permitted uses and redevelopment possibilities. Sold as is)

Listed by FIDACITY REALTY · MLS# X13775652

Features & Details

Property details of 640 Somerset Street, Ottawa, ON

Property TypeCommercial Retail
StyleMulti-Use
Size1500 sq ft

Location

Open in Google Maps
5.0 · 70+ Google reviews
+1 (613) 804-9117ak@realtorakash.ca
Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

$724,900

640 Somerset Street, Ottawa, ON