For Sale - 673-675 Somerset Street, West Centre Town, Ontario

Est payment $10,324/mo
Views   1
Time on Jump  1 days
  • Mixed-use investment property in Ottawa's bustling Chinatown area.
  • Fully tenanted with stable income from established commercial tenants.
  • Residential units with below-market rents for cash flow growth.
  • Zoned for diverse commercial and residential development options.
  • High visibility and foot traffic near restaurants, retail, and transit.



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.
Listing IDX12968770
Address673-675 Somerset Street
CityWest Centre Town, Ontario
Price$2,150,000
StyleCommercial Retail
TypeIndustrial/Commercial
StatusFor Sale
Subtype Commercial RetailHeating / Cooling Other
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Listing Agency:  ROYAL LEPAGE INTEGRITY REALTY

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673-675 Somerset Street
West Centre Town , Ontario
$2,150,000
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