Current NOI: $106, 451 with amazing potential that you can easily unlock with transient tenants. Opportunity to renovate 5 of 6 suites and unlock the properties true potential. Welcome to 455/457 Somerset an exceptional investment opportunity offering both comfort and significant income potential. This meticulously maintained building features six spacious units, each with a thoughtful layout designed to maximize living space and enhance tenant satisfaction. Set in a desirable location, this property not only promises higher income potential but also comes with the convenience of nearby amenities and excellent transport links. This is a must-see investment for anyone looking to expand their real estate portfolio with a property that combines comfort, style, and substantial financial returns. 24 hours notice required for tenants. (id:55598)
- MLS® 1401651
- Date Listed07/11/2024
- Days on Realty 39 Days
- Bedrooms -
- Bathrooms
- Lot Size -
- Sewer Public Sewer
- Subdivision Centretown
- Property Type Other
- Water Public
Interior Features
- Heating Forced Air, Hot Water Radiator Heat, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Public • PK - 5
0.48 km
Distance
Cambridge St Community Public School
Public • PK - 5
0.95 km
Distance
Public • PK - 5
0.97 km
Distance
Public • PK - 5
0.95 km
Distance
Public • PK - 5
1.76 km
Distance
Public • PK - 5
1.76 km
Distance
Public • PK - 5
0.88 km
Distance
Public • PK - 6
1.93 km
Distance
Devonshire Community Public School
Public • PK - 5
1.67 km
Distance
Lady Evelyn Alternative School
Public • PK - 5
1.6 km
Distance
Public • 6 - 8
0.88 km
Distance
Pierre Elliott Trudeau Elementary School
Public • 7 - 11
2.95 km
Distance
Fisher Park Public School / Summit Alternate School
Public • 6 - 8
2.86 km
Distance
Public • 6 - 12
4.25 km
Distance
St. Patrick's Intermediate School
Public • 6 - 8
5.43 km
Distance
Public • 6 - 12
4.78 km
Distance
Franco-Cité Catholic Secondary School
Public • 6 - 12
4.91 km
Distance
Public • 7 - 12
6.43 km
Distance
École secondaire publique Omer-Deslauriers
Public • 6 - 12
7.33 km
Distance
Frank Ryan Catholic Intermediate School
Public • 6 - 8
7.33 km
Distance
Albert Street Education Centre
Public • 9 - 12
1.04 km
Distance
Public • 9 - 12
1.59 km
Distance
Public • 9 - 12
0.97 km
Distance
Public • 9 - 12
1.79 km
Distance
St. Nicholas Adult High School (Central Campus)
Public • 9 - 12
1.6 km
Distance
Public • 9 - 12
1.6 km
Distance
École secondaire publique De la Salle
Public • 9 - 12
3.24 km
Distance
St. Nicholas Adult High School (West Campus)
Public • 9 - 12
4.5 km
Distance
Public • 9 - 12
5.16 km
Distance
Public • 9 - 12
4.99 km
Distance
Private • 9 - 12
0.39 km
Distance
Nouvelle école élémentaire catholique au coeur d'Ottawa
Private • PK - 5
0.99 km
Distance
Private • 6 - 8
2.01 km
Distance
Private • PK - 5
2.01 km
Distance
École élémentaire publique Mauril-Bélanger
Private • PK - 5
1.79 km
Distance
Private • PK - 5
2.64 km
Distance
Private • PK - 12
3.38 km
Distance
Private • PK - 2
3.16 km
Distance
Ottawa Jewish Community School
Private • PK - 5
3.92 km
Distance
Private • PK - 5
5.33 km
Distance
Sales & Tax History
Source: Public Records
Street Address | Beds | Baths | Sold Date | List Price |
---|---|---|---|---|
640 SOMERSET STREET | 4 | 5 | Jul 24, 2024 | $930,000 |
131 DREWRY AVE | 4 | 2 | Jul 23, 2024 | $1,618,000 |
288 MCKEE AVE | 5 | 5 | Jul 21, 2024 | $2,988,000 |
611 GILMOUR STREET | 3 | 2 | Jul 17, 2024 | $699,900 |
45 MASON TERRACE | 3 | 2 | Jul 17, 2024 | $1,029,000 |
50 BELMONT AVENUE | 3 | 3 | Jul 23, 2024 | $1,750,000 |
123 SHERBROOKE AVENUE | 4 | 3 | Jul 23, 2024 | $699,900 |
288 MCKEE AVE | 5 | 5 | Aug 17, 2024 | $3,099,000 |
472 COOPER STREET | 5 | 4 | Aug 13, 2024 | $1,298,000 |
140 SPRINGHURST AVENUE UNIT#7 | 2 | 3 | Jul 22, 2024 | $775,000 |
96/100
Walker's Paradise
Walk Score ®
73/100
Excellent Transit
Transit Score ®
88/100
Very Bikeable
Bike Score ®
Overview
Daily errands do not require a car. Transit is convenient for most trips. Biking is convenient for most trips.Transit Summary
26 nearby routes: 25 bus, 1 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 62/100, Bike Score: 84/100.
Points of interest near 455/457 SOMERSET STREET W, Ottawa, ON K1R5J7
Embassy of Kosovo, Ottawa, ON, Canada
Professional
41 m
Distance
41 m
Distance
Tree Canada, Ottawa, ON, Canada
Professional
46 m
Distance
Transport Professional
56 m
Distance
The Co-operators, Ottawa, ON, Canada
Professional
62 m
Distance
Food • Retail • Nightlife Professional
73 m
Distance
Mystiko Greek Kitchen, Ottawa, ON, Canada
Food • Retail • Nightlife • Professional
100 m
Distance
Retail
63 m
Distance
Food • Retail • Nightlife Professional
73 m
Distance
Bronson Pizza, Ottawa, ON, Canada
Food • Retail
82 m
Distance
88 m
Distance
Mystiko Greek Kitchen, Ottawa, ON, Canada
Food • Retail • Nightlife • Professional
100 m
Distance
102 m
Distance
111 m
Distance
Somerset W / Kent, Ottawa, ON, Canada
Transport
28 m
Distance
Transport Professional
56 m
Distance
Somerset W / Lyon, Ottawa, ON, Canada
Transport
129 m
Distance
Food • Retail • Nightlife Professional
73 m
Distance
Bronson Pizza, Ottawa, ON, Canada
Food • Retail
82 m
Distance
Mystiko Greek Kitchen, Ottawa, ON, Canada
Food • Retail • Nightlife • Professional
100 m
Distance
Food • Retail • Nightlife Professional
73 m
Distance
Pour Boy - Somerset, Ottawa, ON, Canada
Nightlife
92 m
Distance
Mystiko Greek Kitchen, Ottawa, ON, Canada
Food • Retail • Nightlife • Professional
100 m
Distance
64 m
Distance
136 m
Distance
Royal Canadian Legion - Montgomery, Ottawa, ON, Canada
Education Entertainment
107 m
Distance
Royal Canadian Legion - Montgomery, Ottawa, ON, Canada
Education Entertainment
107 m
Distance
The Strand, Ottawa, ON, Canada
Unknown
101 m
Distance
119 m
Distance
Nearby Properties
-
$2,400,000 Active
0 bds • 0 ba • 0 sqft
301 METCALFE STREET, Ottawa, ON K2P1R9
Exquisite Heritage Building with above average brick work and wood trim details. Prime Prestigious Central Location next to and across embassies including Hungary and Nigeria. Currently, 14 of 16 invidually leased offices leased to mostly psychologis...Listing by: Gary Shaker - SHAKER REALTY LTD. -
$2,200,000 Active
0 bds • 0 ba • 0 sqft
350 BOOTH STREET, Ottawa, ON K1R7K4
7.5% cap rate. ICONIC building located on a CORNER lot with existing commercial tenant (restaurant) that's been operating since 1995 on the ground floor unit. This can be a turn-key investment or for self use owner occupied as well. 3 Apartments on t...Listing by: Raymond Chin - COLDWELL BANKER FIRST OTTAWA REALTY -
$2,500,000 Active
0 bds • 0 ba • 0 sqft
196 POWELL AVENUE, Ottawa, ON K1S2A5
If you’re looking for a turnkey investment in one of Ottawa's most prestigious rental markets then this Glebe property is the one for you. Incredible live in-investment. The tastefully updated 3 unit building has an incredible balance between square...Listing by: Marc Papineau - EXP REALTY -
$2,249,000 Active
7 bds • 4 ba • 0 sqft
289 CLEMOW AVENUE, Ottawa, ON K1S2B7
Situated in the historic Glebe neighbourhood, this captivating three-storey detached home seamlessly combines modern comforts with timeless charm. The main floor features a contemporary kitchen with sleek appliances and ample counter space, complemen...Listing by: Andrei Medow - REAL BROKER ONTARIO LTD. -
$2,149,000 Active
0 bds • 0 ba • 0 sqft
149 WILLOW STREET, Ottawa, ON K1R6W2
Welcome to Little Italy, an iconic neighborhood in the heart of the city, where a sleek and modern 4plex awaits you. This newly constructed legal 4plex exudes sophistication and style, with each unit featuring spacious layouts, high-end finishes, and...Listing by: Anthony Cava - ROYAL LEPAGE TEAM REALTY -
$2,750,000 Active
0 bds • 0 ba • 0 sqft
241 FIFTH AVENUE, Ottawa, ON K1S2N1
Discover a rare opportunity to own an updated fourplex in The Glebe, one of Ottawa's most sought-after areas. This property presents investors a chance to capitalize on its prime location and modern updates. Each unit is beautifully renovated, ensuri...Listing by: Robbie Murphy - UNRESERVED BROKERAGE -
$2,800,000 Active
0 bds • 0 ba • 0 sqft
119 DALY AVENUE, Ottawa, ON K1N6E6
Discover an extraordinary investment opportunity with this unique mixed rooming house, featuring 23 units in total. The property includes 15 bachelor units with shared amenities such as three kitchens, three full baths, and two communal living spaces...Listing by: Marc Papineau - EXP REALTY -
$2,250,000 Active
0 bds • 0 ba • 0 sqft
422/424 NELSON STREET, Ottawa, ON K1N7S7
Fantastic 6.1% CAP 4plex with opportunity to increase cashflow by approx. $33K with 2 permit ready vacant studio spaces. This almost immediate increase in cashflow will increase the value well beyond the capital invested to create the new units. Prop...Listing by: Adam Pearce - SLEEPWELL REALTY GROUP LTD -
$2,500,000 Active
0 bds • 0 ba • 0 sqft
466 NELSON STREET, Ottawa, ON K1N7S8
A great investment opportunity is available in the heart of Ottawa with this five-unit building. Each spacious unit features four bedrooms and in-unit laundry, offering convenience for all tenants. The building is fully occupied and includes three pa...Listing by: Marc Papineau - EXP REALTY -
$2,500,000 Active
0 bds • 0 ba • 0 sqft
460 NELSON STREET, Ottawa, ON K1N7S8
A great investment opportunity is available in the heart of Ottawa with this four-unit building. Each spacious unit features four bedrooms and one six bedroom unit all featuring in-unit laundry, offering convenience for all tenants. The building is f...Listing by: Marc Papineau - EXP REALTY -
$2,650,000 Active
0 bds • 0 ba • 0 sqft
458 NELSON STREET, Ottawa, ON K1N7S8
A great investment opportunity is available in the heart of Ottawa with this four-unit building. Each spacious unit features four bedrooms and one six bedroom unit all featuring in-unit laundry, offering convenience for all tenants. The building is f...Listing by: Marc Papineau - EXP REALTY -
New$2,285,000 Active
0 bds • 0 ba • 0 sqft
10 CHESTNUT STREET, Ottawa, ON K1S0Z8
10 Chestnut St, a gem of a property in Old Ottawa East, incredibly fully furnished AAA newer PURPOSE BUILT 3 UNIT + In Law Suite building in one Ottawa's most desirable locations. Not a single element overlooked in this property, Brazilian granite co...Listing by: Raj Sidhu - ROYAL LEPAGE TEAM REALTY -
New$2,285,000 Active
6 bds • 7 ba • 0 sqft
10 CHESTNUT STREET, Ottawa, ON K1S0Z8
10 Chestnut St, a gem of a property in Old Ottawa East, incredibly fully furnished AAA newer PURPOSE BUILT 3 UNIT + In Law Suite building in one Ottawa's most desirable locations. Not a single element overlooked in this property, Brazilian granite co...Listing by: Raj Sidhu - ROYAL LEPAGE TEAM REALTY -
$2,395,000 Active
0 bds • 0 ba • 0 sqft
168-174 MURRAY STREET, Ottawa, ON K1N5M8
Step into the heart of downtown Ottawa and envision the potential of 168-174 Murray Street. This prime location is the canvas for an exciting project: a 20-unit apartment complex boasting a mix of spacious 3-bedroom, cozy 2-bedroom, and chic 1-bedroo...Listing by: Miguel Vidal - SOLID ROCK REALTY -
$2,495,000 Active
4 bds • 4 ba • 0 sqft
17 GWYNNE AVENUE W, Ottawa, ON K1Y1X1
A must see, custom built, absolutely stunning family house, built under 4 years ago with beautifully designed open plan kitchen and family room, located in a fantastic residential area at the heart of Ottawa, close to schools, restaurants, supermarke...Listing by: RASHIN GOLPARVAR - INTERNATIONAL REALTY FIRM, INC. -
$2,780,000 Active
0 bds • 0 ba • 0 sqft
69-71 DONALD STREET, Ottawa, ON K1K1N3
Welcome In-Laws or Generate Income! Premier custom-built multi-unit residence offering unparalleled quality & luxury. Currently configured as a 3-unit building with potential for a 4th unit. Spacious Living Includes a large 4-bdrm unit, two 3-bdrm un...Listing by: Hamid Riahi - POWER MARKETING REAL ESTATE INC. -
$2,275,000 Active
0 bds • 0 ba • 0 sqft
142/144 MONTFORT STREET, Ottawa, ON K1L5P6
This is a beautiful purpose-built 4-plex. Its gross income is over $120, 000 per year. It is less than two years old, so it will require very little maintenance and will not require any capital expense for some time. Quality finishes throughout inclu...Listing by: Ken Dekker - SOLID ROCK REALTY -
$2,850,000 Active
6 bds • 7 ba • 0 sqft
309 CRESTVIEW ROAD, Ottawa, ON K1H5G4
Welcome to 309 Crestview Road in renowned Faircrest Heights. This incredible 6 bedroom, 7 bathroom 5000 square foot home has luxury elements that the most discerning buyer desires. The world class kitchen features JennAir pro grade built-in appliance...Listing by: Shane Lanigan - KELLER WILLIAMS INTEGRITY REALTY -
$2,298,800 Active
4 bds • 4 ba • 0 sqft
161 MAPLE LANE, Ottawa, ON K1M1G4
Discover this exquisite 4 bed, 4 bath home in Rockcliffe Park's prestigious Old Village. Nestled in a historic setting, this residence offers modern luxury & timeless charm. Step inside to find a bright & spacious layout perfect for family living & e...Listing by: Dimitrios Kalogeropoulos - EXP REALTY
Similar Priced Comparison
-
$2,699,900 Active
bds • 0 ba • 6685 sqft
149-151 BANK STREET
- Home larger by 6,685 sqft
- Unknown size
- Newer by 1,900 years
Listing by: Rocco Manfredi - ROYAL LEPAGE TEAM REALTY -
$2,400,000 Active
bds • 0 ba • 0 sqft
301 METCALFE STREET
- Same size
- Unknown size
- Newer by 1,889 years
Listing by: Gary Shaker - SHAKER REALTY LTD. -
$2,200,000 Active
bds • 0 ba • 0 sqft
350 BOOTH STREET
- Same size
- Unknown size
- Unknown year built
Listing by: Raymond Chin - COLDWELL BANKER FIRST OTTAWA REALTY -
$2,200,000 Active
bds • 0 ba • 5000 sqft
350 BOOTH STREET
- Home larger by 5,000 sqft
- Unknown size
- Unknown year built
Listing by: Raymond Chin - COLDWELL BANKER FIRST OTTAWA REALTY -
$2,200,000 Active
bds • 0 ba • 5000 sqft
350 BOOTH STREET
- Home larger by 5,000 sqft
- Unknown size
- Unknown year built
Listing by: Raymond Chin - COLDWELL BANKER FIRST OTTAWA REALTY -
$2,500,000 Active
bds • 0 ba • 0 sqft
196 POWELL AVENUE
- Same size
- Unknown size
- Newer by 1,916 years
Listing by: Marc Papineau - EXP REALTY -
$2,249,000 Active
7 bds • 4 ba • 0 sqft
289 CLEMOW AVENUE
- Same size
- Unknown size
- Newer by 1,902 years
Listing by: Andrei Medow - REAL BROKER ONTARIO LTD. -
$2,098,000 Active
6 bds • 3 ba • 0 sqft
290 CLEMOW AVENUE
- Same size
- Unknown size
- Newer by 1,920 years
Listing by: Stephanie Cartwright - ENGEL & VOLKERS OTTAWA -
$1,900,000 Active
bds • 0 ba • 0 sqft
205 GLEBE AVENUE
- Same size
- Unknown size
- Newer by 1,920 years
Listing by: Larry Balkwill - ENGEL & VOLKERS OTTAWA -
$2,149,000 Active
bds • 0 ba • 0 sqft
149 WILLOW STREET
- Same size
- Unknown size
- Newer by 2,022 years
Listing by: Anthony Cava - ROYAL LEPAGE TEAM REALTY -
$2,990,000 Active
bds • 0 ba • 0 sqft
31-33 YORK STREET
- Same size
- Unknown size
- Unknown year built
Listing by: Frederick Crouch - GENTRY REAL ESTATE SERVICES LIMITED -
$2,650,000 Active
bds • 0 ba • 5050 sqft
838 BANK STREET
- Home larger by 5,050 sqft
- Unknown size
- Newer by 1,940 years
Listing by: Bill Edelson - ROYAL LEPAGE TEAM REALTY -
$3,100,000 Active
bds • 0 ba • 2800 sqft
356 PRESTON STREET
- Home larger by 2,800 sqft
- Unknown size
- Unknown year built
Listing by: Gary Shaker - SHAKER REALTY LTD. -
$2,750,000 Active
bds • 0 ba • 0 sqft
241 FIFTH AVENUE
- Same size
- Unknown size
- Newer by 1,914 years
Listing by: Robbie Murphy - UNRESERVED BROKERAGE -
$1,900,000 Active
bds • 0 ba • 0 sqft
67 SPRINGHURST AVENUE
- Same size
- Unknown size
- Unknown year built
Listing by: Nancy Benson - RE/MAX HALLMARK REALTY GROUP -
$2,800,000 Active
bds • 0 ba • 0 sqft
119 DALY AVENUE
- Same size
- Unknown size
- Newer by 1,867 years
Listing by: Marc Papineau - EXP REALTY -
$1,998,000 Active
bds • 0 ba • 0 sqft
23 ST ANDREW STREET
- Same size
- Unknown size
- Unknown year built
Listing by: Kelly Ebbs - ROYAL LEPAGE TEAM REALTY -
$1,999,000 Active
bds • 0 ba • 0 sqft
232 ST PATRICK STREET
- Same size
- Unknown size
- Newer by 1,885 years
Listing by: Jack Marsala - RE/MAX HALLMARK REALTY GROUP -
$2,000,000 Active
bds • 0 ba • 0 sqft
169 HOLMWOOD AVENUE
- Same size
- Unknown size
- Newer by 1,975 years
Listing by: Kwesi L. Bourne - SYNERCAPITAL INVESTMENT REALTY
Nearby Locations
Communities
- Glebe Homes For Sale
- West Centertown Homes For Sale
- Centretown Homes For Sale
- Ottawa South Homes For Sale
- Hintonburg Homes For Sale
- Ottawa East Homes For Sale
- Greenbelt Homes For Sale
- Civic Hospital Homes For Sale
- Sandy Hill Homes For Sale
- Byward Market Homes For Sale
- Carleton Heights Homes For Sale
- Lowertown Homes For Sale
- Billings Bridge Homes For Sale
- Carlington Homes For Sale
- Lindenlea Homes For Sale
- Island Park Homes For Sale
- Westboro Homes For Sale
- Overbrook Homes For Sale
- Vanier Homes For Sale
- Rockcliffe Homes For Sale
Nearby Cities
- Ottawa, ON Homes for Sale
- Rockcliffe Park, ON Homes for Sale
- Bells Corners, ON Homes for Sale
- Manotick, ON Homes for Sale
- Orleans, ON Homes for Sale
- Kanata, ON Homes for Sale
- Richmond, ON Homes for Sale
- Stittsville, ON Homes for Sale
- North Gower, ON Homes for Sale
- Osgoode, ON Homes for Sale
- Navan, ON Homes for Sale
- Metcalfe, ON Homes for Sale
- Cumberland, ON Homes for Sale
- Carp, ON Homes for Sale
- Vars, ON Homes for Sale
- Russell, ON Homes for Sale
- Kemptville, ON Homes for Sale
- Constance Bay, ON Homes for Sale
- Ashton, ON Homes for Sale
- Mountain, ON Homes for Sale
Similar Searches
- Ottawa Land for Sale
- Ottawa New Homes for Sale
- Ottawa Single Story Homes for Sale
- Ottawa Homes with Pools for Sale
- Ottawa Cheap Homes for Sale
- Ottawa Luxury Homes for Sale
- Ottawa Condos for Sale
- Ottawa Town Homes for Sale
- Ottawa Commercial for Sale
- Ottawa Open Houses for Sale
- Ottawa Two Car Garage Homes for Sale
- Ottawa Large Lots for Sale
- National Listings
- National Home Values
- Properties in ON
- Home Values in ON
- Home Values in Ottawa, ON
Frequently Asked Questions for 455/457 SOMERSET STREET W
Source: Realty.com
455/457 SOMERSET STREET W, Ottawa, ON K1R5J7 is a Other, Residential Income property listed for $2,500,000 The property is 0 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 28 photos of 455/457 SOMERSET STREET W.
The full address for this home is 455/457 SOMERSET STREET W, Ottawa, ON K1R5J7.
455/457 SOMERSET STREET W has been listed on Realty.com since Thu July 11, 2024
Daily errands do not require a car. Transit is convenient for most trips. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 62/100, Bike Score: 84/100.
Listing provided courtesy of:
SLEEPWELL REALTY GROUP LTD
(tel: (613) 521-2000)
Listing agent:
Adam Pearce
(tel: (613) 899-3008)
This content last refreshed on 2024-08-19 15:02:24. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 455/457 SOMERSET STREET W, Ottawa, ON K1R5J7 : MLS® 1401651