673-675 Somerset Street W Ottawa, Ontario K1R 6P3
$2,150,000
LANDMARK mixed-use investment opportunity in the heart of Ottawa's vibrant Chinatown. Situated on a high-visibility corner at Somerset St W and Bronson Ave, this fully tenanted property features 6 units, including 2 ground-floor commercial spaces and 4 residential apartments above. The commercial component is anchored by established tenants Pizza Pizza and TeaLive, both on triple net leases, providing stable, hands-off income. Residential units offer strong upside potential with below-market rents, allowing investors to increase cash flow over time. Zoned TM[112]H(16), this property allows for a wide range of commercial and residential uses, making it ideal for both investors and future redevelopment. Located in a high-foot-traffic area surrounded by restaurants, retail, and transit, demand continues to grow as Chinatown undergoes revitalization. This is a rare opportunity to secure a stable, income-generating asset with long-term growth potential. (id:29090)
Property Details
| MLS® Number | X12968770 |
| Property Type | Retail |
| Community Name | 4204 - West Centre Town |
| Farm Type | Other |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Type | Other |
| Size Interior | 4026 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 71 Ft ,1 In |
| Size Frontage | 24 Ft |
| Size Irregular | 24 X 71.13 Ft |
| Size Total Text | 24 X 71.13 Ft |
| Zoning Description | Tm[112]h(16) |
https://www.realtor.ca/real-estate/29570456/673-675-somerset-street-w-ottawa-4204-west-centre-town
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 08 2026 04:53:58
Ottawa Real Estate Board
Royal LePage Integrity Realty