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Home ON Ottawa - Gatineau Ottawa Centretown
494-502.5 SOMERSET STREET W
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494-502.5 SOMERSET STREET W $2,650,000
$2,650,000
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494-502.5 SOMERSET STREET W
Ottawa, Ontario K1R5J8

MLS® Number: 1397112

Listing Description

Prime Investment opportunity in Centretown Ottawa! This mixed-use property boasts a prime location with a park adjacent, offering both convenience and tranquility. With potential for development or as a long-term investment, seize the chance to be part of Ottawa's thriving real estate market. Don't miss out on this versatile investment with endless possibilities. 14 Residential and 2 commercial stores. This property includes 494-502 1/2 Somerset. Nice workshop in the lower level of 494 Somerset. 2 Coin operated washers and dryers. The lot is 128x109 but checks in to 88 feet in depth from 496-502.5. (28433595)

Property Summary

Property Type
Multi-family
Storeys
3
Neighbourhood Name
Centretown
Title
Freehold
Land Size
128 ft X 109 ft (Irregular Lot)
Built in
1900
Annual Property Taxes
$41,241
Total Parking Spaces
6
Time on REALTOR.ca
29 days

Building

Building Features
Total Units
16
Maintenance or Condo Information
Maintenance Management Company
Self Managed -
Parking
Total Parking Spaces
6

Land

Lot Features
Frontage
128 ft
Land Depth
109 ft
Other Property Information
Zoning Description
TM14H(20)
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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