Listed by SLEEPWELL REALTY GROUP LTD
Residential Freehold · 4102 - Ottawa Centre
455-457 Somerset Street W, Ottawa Centre, ON K1R 5J7
$2,240,000
17 bd · 7 ba
Updated 1 month agoUnverified listing
Bedrooms17 bd
Bathrooms7
Size5000 + sq ft
TypeResidential Freehold
About this property
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 $125,496.90, with a 5.60% cap rate, and bonus immediate upside: 1 purposely position...
About this property
TypeApartment
Bedrooms17
Bathrooms7
Area5000 + sq ft
Kitchens6
Parking7 spaces
SmokingNot allowed
FacesNorth
HeatRadiant (Gas)
CoolingOther
Lot58 × 112.5 ft
Property tax$18,979/yr (2025)
Style3-Storey
BasementFull
PoolNone
InteriorNone
MLS #X12784444
Location
REAL WORLD REALTY INC.
Brokerage
25 Denham Dr, Richmond Hill, Ontario L4C 6H6
Brady Gong
Broker of Record
Rank is never for sale. Apply directly at the source.