279 SOMERSET STREET E, Ottawa, Ontario, K1N 6V7

MLS® # X12486659

Investment For Sale In Sandy Hill - Ottawa East, Ottawa, Ontario

$1,219,000

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279 Somerset Street E, Ottawa, ON - Outdoor With Deck Patio Veranda With Facade

279 Somerset Street E, Ottawa, ON - Outdoor With Deck Patio Veranda With Exterior

279 Somerset Street E, Ottawa, ON - Outdoor With Deck Patio Veranda

Unit 1 Kitchen - 279 Somerset Street E, Ottawa, ON - Indoor

279 Somerset Street E, Ottawa, ON - Indoor Photo Showing Kitchen

Unit 1 - Bedroom 1 - 279 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bedroom

Unit 1 - Bedroom 2 - 279 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bedroom

Unit 1 - Bedroom 3 - 279 Somerset Street E, Ottawa, ON - Indoor

Unit 1 - First Floor Bath - 279 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bathroom

Stairs to the Basement - 279 Somerset Street E, Ottawa, ON - Indoor Photo Showing Other Room

Basement Laundry for Unit 1 - 279 Somerset Street E, Ottawa, ON - Indoor Photo Showing Laundry Room

Basement Bath - 279 Somerset Street E, Ottawa, ON - Indoor

Unit 1 - Bedroom 4 (Basement) - 279 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bedroom

Unit 1 - Bedroom 5 (Basement) - 279 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bedroom

Unit 1 - Bedroom 5 (Basement) - 279 Somerset Street E, Ottawa, ON - Indoor

2nd floor Hall Way - 279 Somerset Street E, Ottawa, ON - Indoor Photo Showing Other Room

Unit 2 - 279 Somerset Street E, Ottawa, ON - Indoor Photo Showing Other Room

Unit 2 Kitchen - 279 Somerset Street E, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink

Unit 2 Kitchen - 279 Somerset Street E, Ottawa, ON - Indoor Photo Showing Kitchen

Unit 2 Laundry - 279 Somerset Street E, Ottawa, ON - Indoor Photo Showing Laundry Room

Unit 2 Bath - 279 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bathroom

Unit 3 Bath - 279 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bathroom

Unit 2 Bedroom 1 - 279 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bedroom

Unit 2 Bedroom 2 - 279 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bedroom

Unit 2 Laundry Area - 279 Somerset Street E, Ottawa, ON - Indoor Photo Showing Laundry Room

Unit 3 Kitchen - 279 Somerset Street E, Ottawa, ON - Indoor Photo Showing Kitchen

Unit 3 Bedroom 1 - 279 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bedroom

Unit 3 Bedroom 1 - Den Area - 279 Somerset Street E, Ottawa, ON - Indoor Photo Showing Office

Unit 3 Bedroom 2 - 279 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bedroom

279 Somerset Street E, Ottawa, ON - Outdoor

First Floor - Unit 1 - 279 Somerset Street E, Ottawa, ON - Other

Second Floor - Unit 2 - 279 Somerset Street E, Ottawa, ON - Other

Third Floor - Unit 3 - 279 Somerset Street E, Ottawa, ON - Other

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279 SOMERSET STREET E, Ottawa, Ontario, K1N 6V7

$1,219,000

Property Information:

Exceptional Triplex in the Heart of Sandy Hill! A rare opportunity to own a fully leased, income-generating property in one of Ottawa's most desirable downtown neighbourhoods. This 3-storey triplex offers modern comfort, strong rental returns, and unbeatable location-perfect for investors or owner-occupiers alike. Each unit is self-contained with its own kitchen, full bathroom(s), and in-unit laundry, ensuring convenience and privacy for all tenants. Unit 1 (Main + Lower): 5-bedroom layout (3 on main, 2 below) with 2 full baths, shared kitchen and laundry, currently rented for $4,150/month. Unit 2 (Second Floor): Bright 2-bedroom + den apartment with full kitchen and laundry, ideal for professionals or students, rented for $1,800/month. Unit 3 (Third Floor): Spacious 2-bedroom unit featuring its own laundry and kitchen, bringing in $1,850/month including parking. Recent updates include a new A/C unit and owned hot water tank (2023). Three on-site parking spaces add further appeal. The property generates an impressive annual gross income of $93,600, with net income of $74,530 (after expenses) - a truly turn-key investment. Landlord pays for the utilities. Most units are available fully furnished, offering flexible options for short-term or long-term rentals. With steady leases signed within the past year and its proximity to Ottawa U, downtown amenities, and the Rideau Canal, this triplex combines strong cash flow with long-term growth potential. A solid investment in a prime downtown location. Don't miss it! (id:27)

Building Features:

Style: Multiplex
Building Type: Triplex
Basement Development: Finished
Basement Type: Full, N/A, N/A
Exterior Finish: Brick
Floor Space: 2500 - 3000 sqft
Foundation Type: Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Dishwasher, Dryer, Hood Fan, Microwave, Stove, Washer, Refrigerator

Property Features:

Property Type: Multi-family
Floor Space (approx): 2500 - 3000 Square Feet
Irregular: Yes
Lot Depth: 72 Feet
Lot Frontage: 41 Feet
Lot Size: 41 x 72 FT
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 3

Rooms:

Kitchen 2nd Level 3.49 m x 3.91 m
Bedroom 2nd Level 2.24 m x 3.52 m
Bedroom 2nd Level 3.80 m x 3.59 m
Bedroom 3rd Level 4.11 m x 3.87 m
Bedroom 3rd Level 5.10 m x 3.80 m
Kitchen 3rd Level 3.32 m x 3.48 m
Bedroom Basement Level 3.20 m x 4.84 m
Bedroom Basement Level 2.99 m x 3.67 m
Kitchen Main Level 3.35 m x 4.05 m
Bedroom Main Level 3.13 m x 3.91 m
Bedroom Main Level 2.57 m x 3.72 m
Bedroom Main Level 3.80 m x 3.91 m

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