Map
Listed price in listed location currency (CAD).
$775,000

000

MLS® X13702186

Overview

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage None
Taxes $8,300
Days Active 1
Lot Size 2840.38
Approx. Age 
MLS® Number X13702186

Property Address: 640 Somerset St W, Ottawa, ON, K1R5K4

Average square foot calculated using Size range provided by listing agent.

Description

INVESTORS & DEVELOPERS! Currently generating $7, 042/month ($84, 504/year) in gross rental income, this rare detached mixed-use property in the heart of Centretown West offers exceptional flexibility and future potential. The upper residential unit is rented for $2, 300/month, the main-floor commercial space for $3, 842/month through 2027, plus $900/month from the rear space. Zoned TM(2185) H(16), the property offers residential and commercial possibilities and multiple income streams. The main level is currently configured as commercial space, while the self-contained upper unit features a separate entrance and private second-floor balcony. Significant improvements were completed in 2022, including updated appliances and interior upgrades. Additional features include a dry basement and major system updates including roof and furnace. Ideally positioned on Somerset St W in vibrant Chinatown, just minutes from Little Italy, LeBreton Flats, downtown, shops, restaurants, transit and the LRT. Strong income today with exciting long-term potential. (Buyer to verify zoning, permitted uses and redevelopment possibilities. Sold as is)
MLS® NumberX13702186
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
Basement
DrivewayGarage Type:None
Garage Spaces
HeatGas Forced Air Open
A/CNo

Extras

Price History

Last Sold Price

----

Appreciation

--

Avg. Days Listed

--

Today, For Sale for $775,000

For Sale · 0 days

$775,000

MLS® X13702186

19 hours ago

Not Sold Yet

August 2026, For Sale for $775,000

For Sale · 0 days

$775,000

MLS® X13702186

19 hours ago

Not Sold Yet

December 2025, Withdrawn for $850,000

Withdrawn · 176 days

$850,000

MLS® X12268633

8 months ago

Canceled on Dec 31, 2025

Real estate boards require that you sign in to see the full details of this property. Log in or sign up to see price history.

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties