Home ›Listings ›Ottawa Centre ›X12895882

470 Somerset Street Ottawa Centre ON

📍 Ottawa Centre, Ontario K1R 5J8

$1,200,000

Active
38.66×110LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X12895882
ListedMar 18, 2026
Days on Market—
Property TypeCommercial
StyleOffice
Cross StreetSomerset and Kent
PossessionTenant lease ends September 30, 2026

📝 Listing Description

Located between Kent & Lyon Street, this fully renovated 3 story heritage building is a great opportunity for an owner-occupier in the heart of Centretown. The standalone building features approx. 3,050 SF of office space over 3 stories and 5+ parking spaces. It is filled with plenty of natural light and can accommodate many different professions such as design firms, staffing agencies, law firms, etc. This property offers great access to Highway 417, walking distance to the Lyon LRT station and many amenities close by on Bank Street including Massine's Independent Grocer and Dollarama. Current tenant's lease expires on September 30, 2026.

🏠 Property Details

Property TypeCommercial
StyleOffice

📐 Lot & Land

Lot Width38.66 ft
Lot Depth110 ft
Cross StreetSomerset and Kent

🔧 Building & Utilities

HeatingBaseboard
CoolingYes
GarageOutside/Surface

💰 Financial

List Price$1,200,000
Annual Taxes$21,236 (2025)
PossessionTenant lease ends September 30, 2026

🧮 Mortgage Calculator

$240,000
Est. Monthly Payment
$5,895/mo
Principal: $960,000 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by ZINATI REALTY INC.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X12895882 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.