314 Somerset Street Lower Town - Sandy Hill ON

📍 Lower Town - Sandy Hill, Ontario K1N 6W3

$1,800,000

Active
69×62LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X13242440
ListedJun 4, 2026
Days on Market—
Property TypeCommercial
StyleInvestment
Cross StreetSomerset St. E and Chapel St
PossessionTBA

📝 Listing Description

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 $107,076, Expenses $35,371, Net $73,705. Most of the windows (17 Windows) 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 walking distance to Ottawa University.

🏠 Property Details

Property TypeCommercial
StyleInvestment

📐 Lot & Land

Lot Width69 ft
Lot Depth62 ft
Cross StreetSomerset St. E and Chapel St

🔧 Building & Utilities

HeatingGas Forced Air Closed
CoolingNo
GarageOutside/Surface

💰 Financial

List Price$1,800,000
Annual Taxes$12,737 (2025)
PossessionTBA

🧮 Mortgage Calculator

$360,000
Est. Monthly Payment
$8,843/mo
Principal: $1,440,000 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by COLDWELL BANKER SARAZEN REALTYData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13242440 · Last updated: Jul 14, 2026

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