ON
Ottawa
K1R5K2
604-606 Somerset W Street
604-606 Somerset W Street, Ottawa, ON K1R5K2
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Listing Type
Multi Family
Listing Status
Active
23
$799,900

Home Details for 604-606 Somerset W Street

Price
$799,900
Type
Residential Income
Bedrooms
6
Total Bathrooms
4
Days on site
1
Listing #
X13155804
Property Description

Fabulous opportunity for the right buyer. Ideally located at the corner of Percy Street and Somerset Street West, this fourplex double offers excellent potential for investors, developers, or owner-occupiers seeking a prime central Ottawa location. Flexible CM1 ZONING offers a wide range of Residential and COMMERCIAL uses, creating an outstanding long-term investment. This property features four residential units, including two 2-bedroom units and two 1-bedroom units. Units in 606 are currently vacant, offering immediate occupancy or rental potential, while Units in 604 are tenanted. Tenants have indicated they are willing to vacate with 90 days notice if required. Important updates include a new furnace in Unit 604 (2025) and a new furnace in Unit 606 (2024). Two hot water tanks are rented, while one hot water tank is owned. Tenants pay for hydro. Excellent location close to downtown Ottawa, public transit, restaurants, shops, and major amenities. Income and Expenses for 2025: Gross Income: $27,220.00; Expenses: Insurance: $1,090.80; Property Taxes: $7,167.20; Utilities: $6,661.12 (id:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • None
Listing Courtesy: ROYAL LEPAGE INTEGRITY REALTY
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EXIT EXCEL REALTY, BROKERAGE
1550 Carling Ave. Suite 204, Ottawa, ON K1Z 8S8
Office
613 822 8999
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