314 Somerset St E

About this Property

Solid six units all brick building. 5-2 bed and 1-1 bed. Fully rented; tenants have been there for a while. Present zoning: R4U (480) could be changing to CMI (480) H20. Income could be a lot higher. Grossing $111,764.00, Expenses $32,759.00, Net $80,005.00. New roof (2018). Most of the windows (17 Windows) were replaced 7 years ago. Hot Water Tanks owned. Tenants pay their own Hydro. 3+ parking spots, on-site laundry, 4 balconies, corner lot 69' x 62'. Boiler 2010, Roof 8 years old appx. In the heart of Sandy Hill. Very desirable rental market neighbourhood, within walking distance to Ottawa University.

Listing Details

MLS #

X13242440

Board

PROPTX

Market

ontario

Property Type

Investment

Style

Apartment

Garage

Outside/Surface

Heating

Gas Forced Air Closd

Cooling

N

Lot Size

69 × 62 ft

Annual Taxes

$12,737/yr

Listed By

COLDWELL BANKER SARAZEN REALTY

Listed On

June 3, 2026