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640 SOMERSET STREET W

Ottawa, Ontario K1R5K4

$850,000 for sale



MLS®:
X12268633
Contract Days:
45
Community:
Ownership:
Property Type:
TM[2185]H(16)
Total Size:
Bldg=25.85 x 110.01 FT
Built Date:
Parking:
Bedrooms:
+
Bathrooms:
Interior Features

Construction Style:
Total Stories:
Total Bedrooms:
Bedrooms Above Ground:
Bedrooms Below Ground:
Total Bathrooms:
Whole Bathrooms:
0
Half Bathrooms:
Basement Type:
Basement Development:
Appliances:
Dishwasher, Dryer, Washer
Exterior Features

Built Date:
Exterior Finish:
Foundation Type:
Utitilies

Heating Type:
Other
Heating Fuel:
Natural gas
Cooling Type:
Utility Water:
Municipal water
Sewer:
Total Fireplaces:
Type
Level
Size

Note

Currently bringing in $7,000/month in rental income, this rare and versatile detached property in the heart of Centretown is a standout opportunity for investors and developers. Zoned TM, it allows for both residential and commercial use, offering endless potential. The home is split into two self-contained units with separate entrances, and was reconfigured in 2022 into a spacious four-bedroom layout with over $50,000 in upgrades, including new appliances. Its zoned as a triplex and permits both residential and commercial/industrial uses, making it ideal for future conversion or redevelopment. The main level is currently set up as a hair salon, while the upper unit is tenanted. Bonus features include a second-floor balcony, dry basement, and major system updates in 2014 (roof, furnace) Located just steps from Little Italy, Chinatown, LeBreton Flats, and the new LRT, this is a prime piece of Ottawa real estate! (id:19004)

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