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640 Somerset Street W Ottawa, Ontario K1R 5K4

1500 sqft

$825,000

*Attention Investors & Developers!* This rare & unique detached home in the heart of Centertown, Ottawa offers exceptional potential with its TM Zoning, allowing for both residential & commercial use. Features include: Two units with separate entrances for upper & main floor. Converted to a spacious 4-bedroom layout ($50,000 in upgrades in 2022, including new appliances) Versatile property with potential for triplex conversion (zoned as triplex with both residential & commercial/industrial units). Balcony on the second floor & dry basement. Conveniently located near Little Italy, Chinatown, Le Breton flats, & the new LRT. Roof, furnace, & AC updated in 2014. Main level previously used as a restaurant, meeting safety and fire codes (buyer to verify) Don't miss this opportunity to own a property with endless possibilities in a prime Ottawa location. Contact us today to schedule a viewing. A few adjacent properties also available for sale, offering additional development options! (id:51734)

Property Details

MLS® Number 1384400
Property Type Retail
Neigbourhood Chinatown
Parking Space Total 3

Building

Constructed Date 1900
Size Interior 1500 Sqft

Land

Acreage No
Size Depth 110 Ft
Size Frontage 26 Ft ,3 In
Size Irregular 26.21 Ft X 110.01 Ft
Size Total Text 26.21 Ft X 110.01 Ft
Zoning Description Tm(2185) H (16)

https://www.realtor.ca/real-estate/26704837/640-somerset-street-w-ottawa-chinatown

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Brittany Brown
Broker

(613) 282-7653
www.bteamottawa.com/

Fidacity Realty
1000 Innovation Drive Unit 500
Ottawa, Ontario K2K 3E7

(613) 282-7653
https://ontario.fidacityrealty.com/

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