CAONOttawa638-640 Somerset Street W
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638-640 Somerset Street W, Ottawa, ON

House

For Sale

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000

MLS® X12956190

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 1500 sqft
Garage 
Taxes $5,936
Days Active 0
Lot Size 
Approx. Age 
Avg. Price Per Sqft $586
MLS® Number X12956190

Property Address: 638-640 Somerset Street W, Ottawa, ON, K1R5K4

Average square foot calculated using Size range provided by listing agent.

Description

Prime mixed-use opportunity in the heart of Centretown. This detached 2-storey property offers flexible TM zoning allowing for residential, commercial, or mixed-use, making it ideal for investors, business owners, or live/work scenarios. Currently configured as two self-contained units and a bonus accessory unit with a separate vestibule entrance, with the option to convert to a 4-bedroom residential layout.Positioned on a 110 ft deep lot with ample on-site parking, this well-maintained building is clean, functional, and full of upside. The main level was previously operated as a restaurant and is set up to meet fire and safety requirements (buyer to verify), while the upper unit features a private balcony. The property also includes a dry basement, adding usable storage or future potential.Recent updates include over $80, 000 in upgrades and major components such as roof, furnace, and A/C (approx. 2013-2014). According to MPAC, the property is recognized as a triplex with residential and commercial/industrial use, providing strong long-term flexibility and redevelopment potential.Unbeatable location just steps to Little Italy, Chinatown, LeBreton Flats, and within walking distance to the LRT, offering excellent access to transit, amenities, and future growth.Investor bonus: opportunity to acquire the neighbouring property for a potential land assembly.A rare, versatile asset in a high-demand urban corridor. Great for an investment now, maybe a owner-operated unit in the future! (id:58753)Show Description
MLS® NumberX12956190
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

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  • Commute

Commute

Starting Address
Destination Address
638-640 Somerset Street W, Ottawa, ON

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