125 Somerset Street West presents a rare opportunity to acquire a 30-unit multi-family property paired with 3 commercial units, strategically located in the heart of Centretown Ottawa. This asset offers the stability of residential income and the upside potential of retail frontage in one of the city's most dynamic urban corridors. Positioned within walking distance of Parliament Hill, University of Ottawa, and Elgin Streets amenities, the property benefits from constant tenant demand and foot traffic. Residents enjoy immediate access to transit, employment hubs, and lifestyle services essentials that drive strong rental absorption and long-term value appreciation. Approx 26% upside potential through below market rents.
Address
125 Somerset Street W
List Price
$9,000,000
MLS® Status
New
Expiration Date
2025-11-30
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
For Sale
Area
Ottawa Centre
Sub-Area
4104 - Ottawa Centre/Golden Triangle
Region
Ottawa
Lot Size Source
MPAC
Lot Depth
112.5
Lot Shape
Rectangular
Lot Type
Building
Lot Size Units
Feet
Lot Width
70.14
Parcel Number
041160037
Total Building Area
32208
Occupant Type
Tenant
Cross Street
Cartier Street
MLS® Number
X12318312
Listing Brokerage
DISTRICT REALTY CORPORATION
Basement
Yes
Postal Code
K2P 0H7
Posession Details
TBD
Parking Spaces
29
Tax Amount
$92,477.00
Tax Year
2025
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Type
Gas Hot Water
Cooling Features
No
Garage Type
Underground
Tax Legal Description
PT LT 3, PL 14350 , W/S CARTIER ST ; PT LTS 63 & 64, PL 14350 , PART 2, 3, 4 & 5 , 4R1050 , N/S SOMERSET ST ; OTTAWA/NEPEAN S/T EASEMENT IN GROSS AS IN OC530339.
Security Features
Yes
Sewer
Sanitary+Storm
