Skip to content
Renanza Realty
For sale

314 SOMERSET STREET E

Ottawa, Ontario

MLS® X13242440

$1,800,000

Status
Active
Property type
Multi-family
MLS® number
X13242440
Bedrooms
Bathrooms
Year built

Listing description

Solid six units all brick building. 5-2 bed and 1-1 bed. Fully rented, Tenants have been there for a while.

Present Zoning R4U (480) could be changing to CMI (480) H20. Income could be a lot higher. Grossing $107,076, Expenses $35,371, Net $73,705.

Most of the windows (17 Windows) replaced 7 years ago. Hot Water Tanks owned. Tenants pay their own Hydro.

3+ parking spots, on site laundry, 4 balconies, corner lot 69' x 62'. Boiler 2010, Roof 8 years old appx. In the heart of Sandy Hill.

Very desirable rental market neighbourhood walking distance to Ottawa University.

Property summary

MLS® number
X13242440
Property type
Multi-family
Building type
Multi-Family
Square footage
3,520 sq ft
Land size
3520 acres
Annual property taxes
$12,737.00
Days on market
83 days

Features & details

Heating
Forced air, Natural gas
Cooling
None

What would this home cost you?

Based on the $1,800,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$8,375 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of COLDWELL BANKER SARAZEN REALTY, OTTAWA.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.