316 SOMERSET Street Lower Town - Sandy Hill ON

📍 Lower Town - Sandy Hill, Ontario K1N 6W3

$2,899,900

Active
16BEDS
2PARKING
39.01×97LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X13433890
ListedJun 11, 2026
Days on Market—
Property TypeResidential Freehold
StyleFourplex
Cross StreetBlackburn Ave.
PossessionTBD

📝 Listing Description

Prime mixed-use asset in sought-after Sandy Hill. Offering four spacious four-bedroom residential units and a ground-floor commercial space, this income-producing property combines strong tenant appeal with the flexibility of multiple revenue streams. Each unit features separate hydro meters, in-suite laundry, stainless steel appliances, air conditioning, and bright contemporary living spaces. Six covered bicycle spaces enhance convenience, while the central location-steps to shops, restaurants, schools, and transit-ensures enduring rental demand and long-term investment potential. Net Income $131,694.36/2025

🏠 Property Details

Property TypeResidential Freehold
StyleFourplex
Bedrooms16

📐 Lot & Land

Lot Width39.01 ft
Lot Depth97 ft
Cross StreetBlackburn Ave.

🔧 Building & Utilities

Heat SourceGas
HeatingForced Air
CoolingCentral Air
BasementFull, Finished
GarageOther
Parking2
ConstructionOther
RoofFlat

💰 Financial

List Price$2,899,900
Annual Taxes$22,710.13 (2026)
PossessionTBD

🧮 Mortgage Calculator

$579,980
Est. Monthly Payment
$14,246/mo
Principal: $2,319,920 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by EXP REALTYData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13433890 · Last updated: Jul 14, 2026

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