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673-675 SOMERSET STREET W

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673-675 SOMERSET STREET W, 4204 - West Centre Town, Ottawa

Price
$2,150,000
Bedrooms
0
Bathrooms
0
Size
4,026 sq ft
Type
Retail
Year built

Listing courtesy of ROYAL LEPAGE INTEGRITY REALTY

About this home

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:66700)

Location

4204 - West Centre Town, Ottawa

Estimate your payment

A rough monthly cost for this home — adjust the numbers to fit your situation.

$
$430,000 · 20%
%
yr

Estimated monthly payment

$9,994

or $4,997 bi-weekly

Mortgage amount
$1,720,000
Total interest
$1,278,145

Estimate only. Canadian rates compound semi-annually; figures exclude property tax, condo fees, and insurance. Confirm with your lender or mortgage broker.

Listing courtesy of ROYAL LEPAGE INTEGRITY REALTY

Listing data last updated May 24, 2026.

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