Ottawa Central Area 1: Byward Market, Lower Town and Sandy Hill

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316 SOMERSET STREET E
Sandy Hill Ottawa K1N 6W3

$2,999,900
Multi-family baths: 0.0 built: 2023

Digital Rendering
Photo 1: 316 SOMERSET STREET E in Ottawa: Multi-family for sale : MLS®# 1326854
Photo 2: 316 SOMERSET STREET E in Ottawa: Multi-family for sale : MLS®# 1326854
Photo 3: 316 SOMERSET STREET E in Ottawa: Multi-family for sale : MLS®# 1326854
Status:
Active
Prop. Type:
Multi-family
MLS® Num:
1326854
Year Built:
2023
4.8% cap rate unit 30% expenses at List Price. Building is now fully leased with Leases in hand at 3400+3400+3350+3200+4200=$17550 = $210,600 GOI! BRAND NEW MULTI UNIT building in Sandy Hill. This building has 4 residential units and 1 commercial space. 4 x 4 Bedroom units and Ground Floor Commercial unit. Expenses have been estimated at 30% of GOI. All units have separate hydro meters, in-unit laundry, SS appliances, 6 covered bicycle parking spaces and AC. Each unit offers spacious, modern, layouts, overflowing with natural light. Fantastic central location close to Shops, restaurants, schools and transit. (id:2493)
Property Type:
Multi-family
Transaction Type:
For sale
Zoning:
Residential
Ownership Type:
Freehold
Property Management Company:
N/A -
Community:
Sandy Hill
Number of bathrooms:
0.0
Half Bathrooms:
0
Age:
1 years
Cooling:
Central air conditioning
Exterior Finish:
Siding
Fireplace:
No
Foundation:
Poured Concrete
Heating:
Forced air
Heating Fuel:
Natural gas
# Storeys:
3.0
Water:
Municipal water
Sewer:
Municipal sewage system
Lot Frontage:
39'
Lot Depth:
97'
Acreage:
No
Lot Size:
39.01 ft X 97 ft
Lot Details:
39.01 ft X 97 ft
Total Parking Spaces:
0
  • Photo 1: 316 SOMERSET STREET E in Ottawa: Multi-family for sale : MLS®# 1326854
    Digital Rendering
  • Photo 2: 316 SOMERSET STREET E in Ottawa: Multi-family for sale : MLS®# 1326854
    Digital Rendering
  • Photo 3: 316 SOMERSET STREET E in Ottawa: Multi-family for sale : MLS®# 1326854
    Digital Rendering
Listed by EXP REALTY
Data was last updated June 5, 2023 at 08:15 AM (UTC)
Area Statistics
Listings on market:
95
Avg list price:
$1,349,800
Min list price:
$549,900
Max list price:
$5,170,000
Avg days on market:
34
Min days on market:
1
Max days on market:
313
These statistics are generated based on the current listing's property type and located in Ottawa. Average values are derived using median calculations.

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