LOADING

327 Somerset Street E Ottawa, Ontario K1N 6W4

None Radiant Heat

$1,999,900

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:19849)

Property Details

MLS® Number 1393662
Property Type Multi-family
Neigbourhood Sandy Hill
Parking Space Total 2

Building

Constructed Date 1902
Cooling Type None
Exterior Finish Stone, Brick, Vinyl
Foundation Type Block, Stone
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 3
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 71 Ft ,4 In
Size Frontage 33 Ft ,4 In
Size Irregular 33.33 Ft X 71.33 Ft
Size Total Text 33.33 Ft X 71.33 Ft
Zoning Description R4ub[480]-c

https://www.realtor.ca/real-estate/26961435/327-somerset-street-e-ottawa-sandy-hill

Interested?

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Janine Hogg
Salesperson

(613) 899-6726
janinehogg.ca/
linkedin.com/in/janine-hogg-b-journalism-385b3411a

Exit Realty Matrix
785 Notre Dame St, Po Box 1345
Embrun, Ontario K0A 1W0

(613) 443-4300
(613) 443-5743
www.exitottawa.com

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