Property Details

784 SOMERSET STREET, Ottawa, Ontario, K1R6R1

784 SOMERSET STREET, Ottawa, Ontario, K1R6R1 (ID 1259625)
Representative
Charles Burkholder portrait
Charles Burkholder
Sales Representative
Century 21 - All Seasons Realty Ltd., Brokerage - Bancroft
Cell: 613-334-1431
Tel: 613-332-5500
Toll free: 800-351-0021

$5,000,000 - For sale

ID#:1259625

Investment/ Development Opportunity. 784 to 792 Somerset St W and 12 and 14 Lebreton St N. Mixed commercial and residential properties: 4 retail spaces (restaurants), 6 Apartments (1-2 bedroom apartment and 5-1 bedroom apartments) and 16 rooms rentals and approx 15 car parking. Lot: 784 to 792 Somerset St 87.66 x 90.94 Feet Irregular, and 12&14 Lebreton St 86.50 x 156.06 Feet Irregular, total lot area 18871 Sq Ft.The two lots from Somerset St and Lebreton St joins at the back.The total gross income is approx $396,000.00, the total expenses approx $80,000.00, the net income approx $316,000.00. Vendor may take back 1st mortgage with approx 15-20% down payment, terms to be negotiated. https://youtu.be/1oaXZp7N3II (id:2471)

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Property Details
  • Property Address:784 SOMERSET STREET, Ottawa, Ontario, K1R6R1
  • Property Type:Retail
  • Title:Freehold
  • Lot Size:87.66 ft X 90.94 ft (Irregular Lot)
  • Acreage:87.66 ft X 90.94 ft (Irregular Lot)
Structure Details for 784 SOMERSET STREET, Ottawa, Ontario, K1R6R1
  • Building Age:1960
Representative
Charles Burkholder portrait
Charles Burkholder
Sales Representative
Century 21 - All Seasons Realty Ltd., Brokerage - Bancroft
Cell: 613-334-1431
Tel: 613-332-5500
Tollfree: 800-351-0021
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784 SOMERSET STREET, Ottawa, Ontario, K1R6R1

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