316 SOMERSET Street E, Lower Town - Sandy Hill, ON K1N 6W3
$2,899,900
316 SOMERSET Street E, Lower Town - Sandy Hill, ON K1N 6W3, Lower Town - Sandy Hill, ON
Bed 16
Prime mixed-use asset in sought-after Sandy Hill. Offering four spacious four-bedroom residential units and a ground-floor commercial space, this income-producing property combines strong tenant appeal with the flexibility of multiple revenue streams. Each unit features separate hydro meters, in-suite laundry, stainless steel appliances, air conditioning, and bright contemporary living spaces. Six covered bicycle spaces enhance convenience, while the central location-steps to shops, restaurants, schools, and transit-ensures enduring rental demand and long-term investment potential. Net Income $131,694.36/2025
Property Highlights
For Sale
MLS NO.
X13433890
Type
Residential Freehold
Sub Type
Fourplex
Bedrooms
16
Parking
2.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Fourplex
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X13433890
Living Area Range
< 700
Total Bedrooms
16
Bedrooms Above Grade
12
Bedrooms Below Grade
4
Total Bathrooms
0
Total Kitchens
0
Kitchens Above Grade
0
Rooms Above Grade
0
Rooms Below Grade
0
Interior Features
None
Fireplace
No
Central Vacuum Yn
No
Construction
Other
Roof
Flat
Lot Width
39.01
Parking Total
2.0
Covered Spaces
0.0
Garage Type
Other
Garage
No
Pool
None
Direction Facing
South
Cooling
Central Air
Heat Source
Gas
Heat Type
Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
316 SOMERSET Street E, Lower Town - Sandy Hill, ON K1N 6W3
City
Lower Town - Sandy Hill
Neighbourhood
4004 - Sandy Hill
County / Region
Ottawa
Province / State
ON
Postal Code
K1N 6W3
Cross Street
Blackburn Ave.
Directions
From King Edward East on Somerset. Between Blackburn and Chapel Ave.
Country
CA
List Price
$2,899,900
Annual Taxes
$22,710
Tax Year
2026
Legal Description
PT LTS 52 & 53, PL 147991, PART 3, 5R6650 CITY OF OTTAWA
Possession Type
Flexible
Possession Details
TBD
Listing Office
EXP REALTY
Board
Ottawa Real Estate Board
Original Entry
2026-06-11T19:25:03Z
Media Updated
2026-06-11T19:25:04Z
Photos Updated
2026-06-11T19:25:04Z
Last Modified
2026-06-16T18:18:39Z
System Modified
2026-06-16T18:18:39.516258Z
MLS Status
New
Architectural Style
3-Storey
Basement
Full, Finished
Co List Office Name
EXP REALTY
Ddfyn
Yes
Expiration Date
2026-11-30
Foundation Details
Concrete
Heat Source Multi
Gas
Heat Type Multi
Forced Air
Hstapplication
Included In
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
042060003
Parking Spaces
2
Property Features
Public Transit, Park
Public Remarks
Prime mixed-use asset in sought-after Sandy Hill. Offering four spacious four-bedroom residential units and a ground-floor commercial space, this income-producing property combines strong tenant appeal with the flexibility of multiple revenue streams. Each unit features separate hydro meters, in-suite laundry, stainless steel appliances, air conditioning, and bright contemporary living spaces. Six covered bicycle spaces enhance convenience, while the central location-steps to shops, restaurants, schools, and transit-ensures enduring rental demand and long-term investment potential. Net Income $131,694.36/2025
