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455-457 SOMERSET STREET W, Ottawa, Ontario, K1R 5J7

MLS® # X12784612
Investment For Sale In Centretown, Ottawa, Ontario
$2,240,000
455-457 Somerset Street W, Ottawa, ON - Outdoor With Facade
455-457 Somerset Street W, Ottawa, ON - Outdoor With Facade
455-457 Somerset Street W, Ottawa, ON - Outdoor
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Kitchen
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Kitchen
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Laundry Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Bathroom
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Bathroom
455-457 Somerset Street W, Ottawa, ON - Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Laundry Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Bathroom
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Kitchen
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Kitchen
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Kitchen
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Bathroom
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Outdoor
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Kitchen
455-457 Somerset Street W, Ottawa, ON - Indoor
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Bathroom
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Outdoor With Facade
455-457 Somerset Street W, Ottawa, ON - Outdoor With Facade
455-457 Somerset Street W, Ottawa, ON - Outdoor
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Kitchen
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Kitchen
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Laundry Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Bathroom
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Bathroom
455-457 Somerset Street W, Ottawa, ON - Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Laundry Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Bathroom
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Kitchen
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Kitchen
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Kitchen
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Bathroom
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Outdoor
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Kitchen
455-457 Somerset Street W, Ottawa, ON - Indoor
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Bathroom
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
455-457 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room
  • Advertising
455-457 SOMERSET STREET W, Ottawa, Ontario, K1R 5J7
$2,240,000

Property Information:

Welcome to 455/457 Somerset Street West a rare opportunity to acquire a turnkey 6-unit building in one of Ottawa's most vibrant and in-demand rental locations. This well-maintained property generates a strong NOI of $125,496.90, with a 5.60% cap rate, and bonus immediate upside: 1 purposely positioned vacant unit is ready for renovation, allowing the next owner to quickly increase rental income and unlock further value. Each of the six units offers a spacious, thoughtfully designed layout that promotes long-term tenant satisfaction. With a tenant profile geared toward young professionals and transient renters, there is considerable potential to elevate rents to market levels with minimal capital investment. Situated in the heart of Centretown, steps to shops, restaurants, universities, and transit, this asset benefits from both premium location and consistent rental demand. Investors will appreciate the mix of stability and opportunity ideal for portfolio growth or as a high-performing entry into Ottawa's multi-residential market. Feature sheet available which breaks down all unit sizes and lease information. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 5500 sqft Square Feet
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Cooling Type: Partially air conditioned
  • Appliances: Dishwasher, Dryer, Washer

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 5500 Square Feet
  • Irregular: Yes
  • Lot Depth: 112.3 Feet
  • Lot Frontage: 57.9 Feet
  • Lot Size: 57.95 x 112.37 FT
  • Zoning: TM14
  • No. of Parking Spaces: 6

Courtesy of: SLEEPWELL REALTY GROUP LTD

REALTOR.ca  

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Market Price Trends

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Location of 455-457 SOMERSET STREET W, Ottawa, Ontario, K1R 5J7

Demographic Information of 455-457 SOMERSET STREET W, Ottawa, Ontario, K1R 5J7

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$124,651.07

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.51 %

High school certificate or equivalent

18.56 %

Apprenticeship trade certificate/diploma

3.31 %

College/non-university certificate

13.82 %

University certificate (below bachelor)

3.21 %

University Degree

51.59 %

Commuter

Travel To Work

By Car

35.43 %

By Public Transit

19.65 %

By Walking

36.4 %

By Bicycle

2.59 %

By Other Methods

5.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

90.03 %

Houses

9.97 %

Own Vs. Rent

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