CAONOttawa455-457 Somerset St W
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455-457 Somerset St W, Ottawa, ON

Real Estate

For Sale

Listed price in listed location currency (CAD).
$2,240,000

1777

MLS® X12784444

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage No
Taxes $18,979
Days Active 22
Lot Size 
Approx. Age 
MLS® Number X12784444

Property Address: 455-457 Somerset St W, Ottawa, ON, K1R5J7

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

Description

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 $122, 631.90, with a 5.47% 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. Vacant unit rent assumed in listed NOI.
MLS® NumberX12784444
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementFull
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 12, 2026List Date
$2,240,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
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Starting Address
Destination Address
455-457 Somerset St W, Ottawa, ON

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