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$1,490,000
Available - For Sale
Listing ID: X13101360
Presenting a rare opportunity in the heart of Chinartown. This prime mixed-use property features a ground-floor commercial space built out as a restaurant and a second-floor residential unit with four bedrooms and 2 full washrooms. This building offers exceptional flexibility for discerning investors. The building enjoys high visibility and significant exposure to both pedestrian and vehicular traffic, positioning it prominently within one of Ottawa's most dynamic and sought-after neighbourhoods.Tenants and patrons alike benefit from an enviable location just steps from Dow's Lake, Lebreton flats and surrounded by an eclectic array of boutiques, restaurants, and cafés. The area is exceptionally well-connected, providing effortless access to public transit and major thoroughfares. Adding to the property's appeal are four-plus on-site parking spots-a rare and valuable amenity. Currently fully tenanted with reliable, high-quality tenants, the building offers immediate, stable cash flow. This is a turnkey investment that seamlessly blends commercial potential with residential convenience in a truly vibrant setting.
Price $1,490,000
Taxes: $17,698
Tax Type: N/A
Occupancy by: Tenant
Address: 827 SOMERSET Street West , West Centre Town, K1R 6R4, Ottawa
Postal Code: K1R 6R4
Province/State: Ottawa
Legal Description: PT LT 87, PL 13 , AS IN N339725 ; OTTAWA
Lot Size: 18.39 x 99 (Feet)
Directions/Cross Streets: North-East corner of Somerset St. W. and Rochester St.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Retail
Building Percentage: T
Total Area: 3,500
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Franchise: F
Maintenance: 0
Sprinklers: No,
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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    TDS: %
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CMHC/GE $ $ $ $
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
COLDWELL BANKER FIRST OTTAWA REALTY

827 SOMERSET Street West , West Centre Town, K1R 6R4, Ottawa

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Commercial Retail
Area: Ottawa
Municipality: West Centre Town
Neighbourhood: 4204 - West Centre Town
Style:
Lot Size: 18.39 x 99.00(Feet)
Approximate Age:
Tax: $17,698
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908