victorian house with brick siding and a shingled roof Features: fence, balcony

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view of front of house featuring a shingled roof and a balcony Features: porch, shingle roof, shake shingle siding, vertical siding, concrete foundation, stoop, dormer roof, balcony, downspout, gutters

foyer with light wood-type flooring and crown molding Features: crown molding, vent, natural light, hardwood floor

unfurnished room featuring light wood-type flooring and crown molding Features: crown molding, natural light, hardwood floor

spare room featuring light wood-style flooring and a baseboard heating unit Features: natural light, hardwood floor, baseboard radiator

two tone kitchen featuring two tone color scheme, stainless steel appliances, backsplash, and light tile patterned floors Features: vent, refrigerator, white cabinets, tile floor, range oven, blue cabinets, arched cabinets, stone countertops, range hood, dishwasher, backsplash, crown molding, natural light, raised cabinets, sink

two tone kitchen featuring stainless steel appliances, dual tone cabinets, light countertops, backsplash, and light tile patterned floors Features: dishwasher, arched cabinets, tile floor, backsplash, raised cabinets, range oven, white cabinets, range hood, crown molding, blue cabinets, refrigerator, countertops

laundry area with stacked washer / drying machine and light tile patterned flooring Features: refrigerator, microwave, range hood, tile floor, laundry, range oven, stacked washer dryer

empty room with light wood-style flooring and baseboards Features: natural light, vent, hardwood floor

unfurnished bedroom with light wood-style flooring and baseboards Features: hardwood floor

corridor featuring crown molding and light wood finished floors Features: hardwood floor, crown molding

bathroom with bath / shower combo with glass door and toilet Features: tile wall, toilet, vanity, combined bath shower

half bathroom featuring vanity and light tile patterned flooring Features: vent, vanity, toilet, mirror, tile floor, sink

empty room with light wood-type flooring and crown molding Features: vent, crown molding, natural light, hardwood floor

empty room with ornamental molding and light wood finished floors Features: refrigerator, hardwood floor, crown molding

kitchen with white range with electric cooktop, ornamental molding, washer / dryer, light countertops, and light wood-type flooring Features: washer dryer, hardwood floor, crown molding, countertops, textured ceiling, vent, range oven, track lighting, sink, natural light, backsplash, white cabinets, laundry, range hood

kitchen featuring white appliances, washer / clothes dryer, light wood-style floors, crown molding, and white cabinetry Features: backsplash, stone countertops, range oven, open shelves, range hood, refrigerator, washer dryer, laundry, white cabinets, sink, crown molding, hardwood floor, vent

unfurnished room featuring attic access and light wood-style flooring Features: hardwood floor, natural light

full bath featuring toilet and tiled shower Features: shower, natural light, tile floor, toilet

unfurnished bedroom with light wood-style floors and a closet Features: closet, vent, hardwood floor, natural light

kitchen featuring ornamental molding, white appliances, white cabinetry, a textured ceiling, and light countertops Features: range oven, white cabinets, range hood, backsplash, baseboard radiator, track lighting, crown molding, textured ceiling, hardwood floor, countertops, natural light, refrigerator

entrance foyer featuring wainscoting, light wood-style floors, ornamental molding, and wooden walls Features: wood wall, fire extinguisher, crown molding, hardwood floor, natural light

laundry area featuring wainscoting, a decorative wall, stacked washing machine and dryer, and wood walls Features: stacked washer dryer, laundry

spare room with light wood-type flooring and baseboards Features: hardwood floor, baseboard radiator, textured ceiling, natural light

kitchen with freestanding refrigerator and light wood finished floors Features: hardwood floor, stone countertops, medium brown cabinets, refrigerator, shaker cabinets, pass through window

unfurnished room featuring light wood-type flooring and baseboards Features: hardwood floor, range hood, textured ceiling, sink

spare room featuring light wood finished floors, radiator heating unit, and a textured ceiling Features: textured ceiling, radiator, natural light, hardwood floor

kitchen with light wood finish cabinetry, electric stove, dishwasher, tasteful backsplash, and light stone counters Features: kitchen peninsula, range oven, textured ceiling, range hood, hardwood floor, pass through window, shaker cabinets, sink, light brown cabinets, baseboard radiator, natural light, dishwasher, backsplash, stone countertops

kitchen featuring light wood finish cabinets, stainless steel appliances, light stone counters, and light tile patterned flooring Features: kitchen peninsula, range hood, light brown cabinets, sink, shaker cabinets, u shaped kitchen, backsplash, arched walkways, range oven, tile floor, stone countertops, dishwasher, refrigerator

unfurnished room with light wood-style floors and a textured ceiling Features: hardwood floor, natural light, textured ceiling

unfurnished bedroom with a closet and light wood-type flooring Features: closet, radiator, textured ceiling, hardwood floor

full bathroom with shower combination, tile walls, vanity, and a wainscoted wall Features: sink, vanity, mirror, natural light, combined bath shower, toilet, tile wall

unfurnished bedroom with radiator, light wood-type flooring, a closet, and a textured ceiling Features: closet, hardwood floor, radiator, textured ceiling, natural light

empty room with light wood-style floors and a textured ceiling Features: textured ceiling, hardwood floor, natural light

view of balcony Features: residential view, balcony

kitchen featuring freestanding refrigerator, white range with electric cooktop, light countertops, exhaust hood, and light tile patterned floors Features: cream cabinets, range oven, range hood, refrigerator, sink, countertops, white cabinets, open shelves, tile floor

kitchen with light countertops, freestanding refrigerator, light wood-type flooring, white range with electric stovetop, and lofted ceiling Features: low ceiling, u shaped kitchen, countertops, vaulted ceiling, refrigerator, range oven, cream cabinets, opens to living area, hardwood floor, sink

additional living space with lofted ceiling and light wood-style floors Features: textured ceiling, vaulted ceiling, hardwood floor

hall featuring an upstairs landing, light wood-style flooring, and a textured ceiling Features: hardwood floor, smoke carbon monoxide detector, textured ceiling

bonus room featuring light wood-style flooring, a baseboard heating unit, vaulted ceiling, and radiator Features: radiator, baseboard radiator, textured ceiling, vaulted ceiling, natural light, hardwood floor

bonus room featuring wood finished floors and vaulted ceiling Features: vaulted ceiling, hardwood floor, natural light

full bath with vanity, bathtub / shower combination, and light tile patterned flooring Features: combined bath shower, sink, tile floor, vanity, mirror, toilet

kitchen featuring white appliances, tasteful backsplash, and dark wood finished floors Features: sink, stone countertops, l shaped kitchen, hardwood floor, range oven, range hood, cream cabinets, backsplash, refrigerator

kitchen featuring white appliances, dark wood finished floors, light countertops, and decorative backsplash Features: l shaped kitchen, countertops, backsplash, hardwood floor, range hood, cream cabinets, refrigerator, range oven, sink

empty room featuring a baseboard radiator, dark wood-type flooring, and a textured ceiling Features: hardwood floor, range hood, range oven, textured ceiling, baseboard radiator, refrigerator

unfurnished bedroom featuring light wood finished floors and a closet Features: hardwood floor, closet

unfurnished room featuring baseboard heating and light wood-style flooring Features: natural light, hardwood floor, baseboard radiator, vaulted ceiling

empty room with a baseboard heating unit, light wood-style floors, and lofted ceiling Features: natural light, baseboard radiator, vaulted ceiling, hardwood floor

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For Sale - 455-457 Somerset Street, Ottawa Centre, Ontario

455-457 Somerset Street

Ottawa Centre , Ontario

17 7 $2,240,000

Est payment $10,756/mo

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Time on Jump 192 day

AI Summary *

Turnkey 6-unit building in a high-demand rental location.
Strong NOI and cap rate with immediate renovation upside.
Spacious units designed for long-term tenant satisfaction.
Prime Centretown location near shops, restaurants, and transit.
Great potential for rent increases with minimal investment.

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Purchase Price

Term

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Down Payment:
$ 112,000 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

Welcome to 455/457 somerset street west a rare opportunity to acquire a turnkey 6-unit building in one of ottawa's most vibrant and in-demand rental locations. This well-maintained property generates a strong noi of $125,496. 90, with a 5. 60% cap rate, and bonus immediate upside: 1 purposely positioned vacant unit is ready for renovation, allowing the next owner to quickly increase rental income and unlock further value. Each of the six units offers a spacious, thoughtfully designed layout that promotes long-term tenant satisfaction. With a tenant profile geared toward young professionals and transient renters, there is considerable potential to elevate rents to market levels with minimal capital investment. Situated in the heart of centretown, steps to shops, restaurants, universities, and transit, this asset benefits from both premium location and consistent rental demand. Investors will appreciate the mix of stability and opportunity ideal for portfolio growth or as a high-performing entry into ottawa's multi-residential market. Feature sheet available which breaks down all unit sizes and lease information.

Listing IDX12784444

Address455-457 Somerset Street

CityOttawa Centre, Ontario

Price$2,240,000

Bed / Bath17 / 7 Full

Style3-Storey, Multiplex

ConstructionBrick, Wood

TypeMulti-Family

StatusFor Sale

Extras

Subtype MultiplexIndoor Features NoneOwnership FreeholdBasement FullFoundation Concrete BlockHeating / Cooling RadiantHeating Fuel GasSewer Sewer

Market Info

Parking 7.00

Listing Agency:
SLEEPWELL REALTY GROUP LTD

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Listing Agency:
SLEEPWELL REALTY GROUP LTD

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For Sale - 455-457 Somerset Street, Ottawa Centre, Ontario

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Property Info

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