Address
784 SOMERSET STREET Ottawa, ON
Price
$ 5,000,000
Property Attributes
  • ID#1259625
  • TypeCommercial
  • CityOttawa
  • NeighbourhoodWest Centre Town
  • Postal CodeK1R 6R1
  • Style
  • Price$ 5,000,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
EXP REALTY
Data Source:
Canadian Real Estate Association
Property Description

Investment/ Development Opportunity. 784 to 792 Somerset St W and 12 and 14 Lebreton St N. Mixed commercial and residential properties: 4 retail spaces (restaurants), 6 Apartments (1-2 bedroom apartment and 5-1 bedroom apartments) and 16 rooms rentals and approx 15 car parking. Lot: 784 to 792 Somerset St 87.66 x 90.94 Feet Irregular, and 12&14 Lebreton St 86.50 x 156.06 Feet Irregular, total lot area 18871 Sq Ft.The two lots from Somerset St and Lebreton St joins at the back.The total gross income is approx $396,000.00, the total expenses approx $80,000.00, the net income approx $316,000.00. Vendor may take back 1st mortgage with approx 15-20% down payment, terms to be negotiated. https://youtu.be/1oaXZp7N3II (id:7434)

General Features

More Information Link https://www.realtor.ca/real-estate/23592454/784-somerset-street-ottawa-west-centre-town
Neighbourhood West Centre Town
Ownership Type Freehold
Property Type Retail
Zoning Description TM(112)(H 16)&R4T

Interior Features

Building Fireplace Present False

Exterior Features

Parking Space Total 6

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in K1R 6R1

Price
AVG $5M
$5M
Visits
AVG 55
350
Year Built
AVG 1960
1960
Walkscore
AVG 89
89
Data Provided by Walkscore ® not using MLS data

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