$750,000
( $500.00Per Sq Foot )
 $4,026 est/mo Sourced by Back At You

640 Somerset St W , Ottawa, ON K1R

Ottawa, ON K1R

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Description

*Attention Investors & Developers!* This rare & unique detached home in the heart of Centertown, Ottawa offers exceptional potential with its TM Zoning, allowing for both residential & commercial use. Features include: Two units with separate entrances for upper & main floor. Converted to a spacious 4-bedroom layout ($50,000 in upgrades in 2022, including new appliances) Versatile property with potential for triplex conversion (zoned as triplex with both residential & commercial/industrial units). Balcony on the second floor & dry basement. Conveniently located near Little Italy, Chinatown, Le Breton flats, & the new LRT. Roof, furnace, & AC updated in 2014. Main level set up as a hair salon. Top floor currently rented out. Don't miss this opportunity to own a property with endless possibilities in a prime Ottawa location. Top floor is rented for $2,450 a month lower level is vacant. 48 hour irrevocable on all offers as per form 244

Details

MLS#X11925785
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site98
Listing Provided ByFIDACITY REALTY | Not Provided

Features

SQ Feet1,500
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 23 seconds ago
ProvinceON
CountyOttawa
CityOttawa
Postal CodeK1R
Area4103 Ottawa Centre
Listing VS Median (In K1R)
Price:
$750,000
low | high
Med:
$750,000
50% of Average
SqFt:
1,500
low | high
Med:
1,500
50% of Average
$ / SqFt:
$500
low | high
Med:
$500
50% of Average
On site:
98
low | high
Med:
98.000000
100% of Average
Sourced by Back At You
Listing Updated: January 17, 2025 at 3:34:16 AM PST