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$9,000,000
Available - For Sale
Listing ID: X12318312
125 Somerset Street West presents a rare opportunity to acquire a 30-unit multi-family property paired with 3 commercial units, strategically located in the heart of Centretown Ottawa. This asset offers the stability of residential income and the upside potential of retail frontage in one of the city's most dynamic urban corridors. Positioned within walking distance of Parliament Hill, University of Ottawa, and Elgin Streets amenities, the property benefits from constant tenant demand and foot traffic. Residents enjoy immediate access to transit, employment hubs, and lifestyle services essentials that drive strong rental absorption and long-term value appreciation. Approx 26% upside potential through below market rents.
Price $9,000,000
Taxes: $92,477
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 125 Somerset Stre West , Ottawa Centre, K2P 0H7, Ottawa
Postal Code: K2P 0H7
Province/State: Ottawa
Legal Description: PT LT 3, PL 14350 , W/S CARTIER ST ; PT
Directions/Cross Streets: Cartier Street
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
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Category: Apartment
Use: Apts - Over 20 Units
Building Percentage: T
Total Area: 32,208
Total Area Code:  Square Feet
 Management Expense: 26431
Maintenance: 0
Water Expense: $17364
Vacancy Allowance: 5860
Net Income Before Debt: $397868
Expenses Actual/Estimated: $Act
Sprinklers: Yes
Heat Type: Gas Hot Water
Central Air Conditioning: No
Sewers: Sanitary+Storm
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
DISTRICT REALTY CORPORATION

125 Somerset Stre West , Ottawa Centre, K2P 0H7, Ottawa


 
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At a Glance:
Type: Com - Investment
Area: Ottawa
Municipality: Ottawa Centre
Neighbourhood: 4104 - Ottawa Centre/Golden Triangle
Style:
Lot Size: x 112.50(Feet)
Approximate Age:
Tax: $92,477
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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