316 Somerset Street E

Ottawa, Ontario K1N 6W3

16 Bedrooms

0 - 699 sqft Interior

2 Parking spaces

39 X 97 Ft ; 0 Lot size

45 days ago Listed

Central Air Conditioning Forced Air Finished basement

About this home

Prime mixed-use asset in sought-after Sandy Hill. Offering four spacious four-bedroom residential units and a ground-floor commercial space, this income-producing property combines strong tenant appeal with the flexibility of multiple revenue streams. Each unit features separate hydro meters, in-suite laundry, stainless steel appliances, air conditioning, and bright contemporary living spaces. Six covered bicycle spaces enhance convenience, while the central location-steps to shops, restaurants, schools, and transit-ensures enduring rental demand and long-term investment potential. Net Income $131,694.36/2025 (id:28469)

Facts & features

Property

MLS® Number: X13433890
Property Type: Multi-family
Community Name: 4004 - Sandy Hill
Amenities Near By: Public Transit, Park
Parking Space Total: 2

Building

Bedrooms Above Ground: 12
Bedrooms Below Ground: 4
Bedrooms Total: 16
Appliances: Dryer, Stove, Washer, Refrigerator
Basement Development: Finished
Basement Type: Full (finished)
Cooling Type: Central Air Conditioning
Foundation Type: Concrete
Heating Fuel: Natural Gas
Heating Type: Forced Air
Stories Total: 3
Size Interior: 0 - 699 Sqft
Type: Fourplex
Utility Water: Municipal Water

Parking

Other: —
No Garage: —

Land

Acreage: No
Land Amenities: Public Transit, Park
Sewer: Sanitary Sewer
Size Depth: 97 Ft
Size Frontage: 39 Ft
Size Irregular: 39 X 97 Ft ; 0
Size Total Text: 39 X 97 Ft ; 0
Zoning Description: Residential

The Sandy Hill market

25 Active listings

$698,900 Median asking price

315% above median This home

39 days Avg. time on market

Browse all Sandy Hill listings →

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $12,840/mo
Ontario land transfer tax: $58,973 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

Location

316 Somerset Street E, Ottawa, Ontario K1N 6W3 · Get directions