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

    Est payment $10,324/mo
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    Time on Jump  87 day

    AI Summary *

    • 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

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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