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327 Somerset St E

Somerset St E, Old City, Ottawa, ON, K1N 6W4

-
Beds
-
Baths
$1,999,900
List Price
Details
Photos
30
Comparables
History
327 Somerset St E, Ottawa, ON - 1 of 3
327 Somerset St E, Ottawa, ON - 2 of 3
327 Somerset St E, Ottawa, ON - 3 of 3
New
28 days on market

Quick Summary

  • Rare centrally-located turnkey investment property
  • Fully-occupied 6+1-unit building with R4UB zoning
  • Unparalleled location near University, LRT, Rideau Canal
  • Impressive annual NOI with potential for growth
  • Well-maintained with historic character features
  • Convenient access to amenities and major bus route
  • Ideal location to grow investment portfolio
  • Available for immediate possession

Seize this RARE opportunity to snag a lucrative, centrally-located & TURNKEY investment property in the heart of popular Sandy Hill. Proceed w/ the fully-occupied 6+1-unit building or explore the potential offered by the existing R4UB zoning & the City’s new Zoning By-law project (2025). With the University of Ottawa, LRT, Rideau Canal,... Show More

Seize this RARE opportunity to snag a lucrative, centrally-located & TURNKEY investment property in the heart of popular Sandy Hill. Proceed w/ the fully-occupied 6+1-unit building or explore the potential offered by the existing R4UB zoning & the City’s new Zoning By-law project (2025). With the University of Ottawa, LRT, Rideau Canal, Byward Market, HWY417, Rideau River & riverfront parks/greenspace just steps away (incl Strathcona Park), this property offers unparalleled possibilities in a sought-after rental market. The strategic unit & tenant mix offers an impressive annual NOI, with potential for future growth. Proud ownership for 15 years: Well-maintained & boasting character, incl historic mouldings, hrdwd floors, vaulted ceilings, lots of natural light & covered balconies. W/ convenient access to all amenities & situated on a major bus route, this is an ideal location to start growing your portfolio in downtown Ottawa! Avail for immediate possession. No Heritage designation. (id:54626)

Additional Media

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Property Details

Parking

2 Parking Spaces
-

Lot

Size
400′0″ * 856′0″
Acres
-

Build

Year Built
1902
Model Name
-
Basement
-
Exterior
Stone, Brick, Vinyl
Foundation
Block, Stone
Builder Name
-
Stories
3
Flooring
-
Roof
-

Heating & Cooling

Heating
Radiant heat
Cooling
None

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
1393662
Last Updated
May 29, 2024
Brokerage
EXIT REALTY MATRIX
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