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316 SOMERSET STREET E
Sandy Hill Ottawa K1N6W3

$3,099,900
Multi-family baths: 0.0 built: 2022

Digital Rendering
Photo 1: 316 SOMERSET STREET E in Ottawa: Multi-family for sale : MLS®# 1312093
Photo 2: 316 SOMERSET STREET E in Ottawa: Multi-family for sale : MLS®# 1312093
Photo 3: 316 SOMERSET STREET E in Ottawa: Multi-family for sale : MLS®# 1312093
Status:
Active
Prop. Type:
Multi-family
MLS® Num:
1312093
Year Built:
2022
4.8% cap rate unit 30% expenses at List Price. Building is now fully leased with Leases in hand at 3400+3400+3350+3200+4200=$17550 = $210,600 GOI! BRAND NEW MULTI UNIT building in Sandy Hill. This building has 4 residential units and 1 commercial space. 4 x 4 Bedroom units and Ground Floor Commercial unit. Expenses have been estimated at 30% of GOI. All units have separate hydro meters, in-unit laundry, SS appliances, 6 covered bicycle parking spaces and AC. Each unit offers spacious, modern, layouts, overflowing with natural light. Fantastic central location close to Shops, restaurants, schools and transit. (id:2493)
Property Type:
Multi-family
Transaction Type:
For sale
Lease Type:
Gross
Zoning:
Residential
Community:
Sandy Hill
Amenities:
Public Transit, Recreation Nearby, Shopping
Building Type:
Fourplex
Number of bathrooms:
0.0
Half Bathrooms:
0
Construction Style Attachment:
Attached
Cooling:
Central air conditioning
Exterior Finish:
Siding
Fireplace:
No
Floor finish:
Tile
Heating:
Forced air
Heating Fuel:
Natural gas
# Storeys:
3.0
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Full (Finished)
Basement Development:
Finished
Land Amenities:
Public Transit, Recreation Nearby, Shopping
Lot Frontage:
39'
Lot Depth:
97'
Acreage:
No
Lot Size:
39.01 ft X 97 ft
Lot Details:
39.01 ft X 97 ft
Total Parking Spaces:
1
Parking Type:
See Remarks
  • Photo 1: 316 SOMERSET STREET E in Ottawa: Multi-family for sale : MLS®# 1312093
    Digital Rendering
  • Photo 2: 316 SOMERSET STREET E in Ottawa: Multi-family for sale : MLS®# 1312093
    Digital Rendering
  • Photo 3: 316 SOMERSET STREET E in Ottawa: Multi-family for sale : MLS®# 1312093
    Digital Rendering
Listed by EXP REALTY
Data was last updated November 28, 2022 at 06:45 PM (UTC)
Area Statistics
Listings on market:
76
Avg list price:
$1,270,000
Min list price:
$450,000
Max list price:
$5,500,000
Avg days on market:
69
Min days on market:
10
Max days on market:
321
These statistics are generated based on the current listing's property type and located in Ottawa. Average values are derived using median calculations.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.