279 Somerset Street E, Ottawa, Ontario K1N 6V7 (29041670)

279 Somerset Street E Ottawa, Ontario K1N 6V7

7 Bedroom 4 Bathroom 2,500 - 3,000 ft2
Central Air Conditioning Forced Air

$1,219,000

Exceptional Triplex in the Heart of Sandy Hill! A rare opportunity to own a fully leased, income-generating property in one of Ottawa's most desirable downtown neighbourhoods. This 3-storey triplex offers modern comfort, strong rental returns, and unbeatable location-perfect for investors or owner-occupiers alike. Each unit is self-contained with its own kitchen, full bathroom(s), and in-unit laundry, ensuring convenience and privacy for all tenants. Unit 1 (Main + Lower): 5-bedroom layout (3 on main, 2 below) with 2 full baths, shared kitchen and laundry, currently rented for $4,150/month. Unit 2 (Second Floor): Bright 2-bedroom + den apartment with full kitchen and laundry, ideal for professionals or students, rented for $1,800/month. Unit 3 (Third Floor): Spacious 2-bedroom unit featuring its own laundry and kitchen, bringing in $1,850/month including parking. Recent updates include a new A/C unit and owned hot water tank (2023). Three on-site parking spaces add further appeal. The property generates an impressive annual gross income of $93,600, with net income of $74,530 (after expenses) - a truly turn-key investment. Landlord pays for the utilities. Most units are available fully furnished, offering flexible options for short-term or long-term rentals. With steady leases signed within the past year and its proximity to Ottawa U, downtown amenities, and the Rideau Canal, this triplex combines strong cash flow with long-term growth potential. A solid investment in a prime downtown location. Don't miss it! (id:61210)

Property Details

MLS® Number X12486659
Property Type Multi-family
Community Name 4004 - Sandy Hill
Parking Space Total 3

Building

Bathroom Total 4
Bedrooms Above Ground 7
Bedrooms Total 7
Appliances Water Heater, Dishwasher, Dryer, Hood Fan, Microwave, Stove, Washer, Refrigerator
Basement Development Finished
Basement Features Apartment In Basement
Basement Type Full, N/a (finished), N/a
Cooling Type Central Air Conditioning
Exterior Finish Brick
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 2,500 - 3,000 Ft2
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 72 Ft
Size Frontage 41 Ft
Size Irregular 41 X 72 Ft
Size Total Text 41 X 72 Ft

Rooms

Level Type Dimensions
Second Level Kitchen 3.49 m x 3.91 m
Second Level Bedroom 2.24 m x 3.52 m
Second Level Bedroom 3.8 m x 3.59 m
Third Level Bedroom 4.11 m x 3.87 m
Third Level Bedroom 5.1 m x 3.8 m
Third Level Kitchen 3.32 m x 3.48 m
Basement Bedroom 3.2 m x 4.84 m
Basement Bedroom 2.99 m x 3.67 m
Main Level Kitchen 3.35 m x 4.05 m
Main Level Bedroom 3.13 m x 3.91 m
Main Level Bedroom 2.57 m x 3.72 m
Main Level Bedroom 3.8 m x 3.91 m

https://www.realtor.ca/real-estate/29041670/279-somerset-street-e-ottawa-4004-sandy-hill

Contact Us

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Mia Li
Salesperson

(613) 716-2998

Royal LePage Integrity Realty
2148 Carling Ave., Unit 6
Ottawa, Ontario K2A 1H1

(613) 829-1818
royallepageintegrity.ca/

Lily Hu
Salesperson

(613) 220-0046

Royal LePage Integrity Realty
2148 Carling Ave., Unit 6
Ottawa, Ontario K2A 1H1

(613) 829-1818
royallepageintegrity.ca/

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