For Sale: 279 Somerset Street E, Ottawa, ON - REW
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$1,219,000
7 bd • 4 ba • 2500 - 2999 sf • Multifamily
279 Somerset Street E
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$1,219,000
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279 Somerset Street EOttawa, ON, K1N 6V7

Sandy Hill
  • 7 Bed
  • 4 Bath
  • 2500 - 2999 Sqft
  • Multifamily

About this home

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:63626)
Listed by: Mia Li, Salesperson, ROYAL LEPAGE INTEGRITY REALTY

Home facts and features

Price details
List Price
$1,219,000
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Gross Taxes for 2025
$9,755
Home facts
Bedrooms
7
Full Bathrooms
4
Parking Spaces
3
Parking Details
No Garage
Property Type
Multifamily
Depth
72 feet
Frontage
41.0 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Finished, Full, Apartment in basement, ,
Appliances
Dishwasher, Dryer, Hood Fan, Microwave, Refrigerator, Stove, Washer, Water Heater
Community
Agent details
Primary Agent
Mia Li
Primary Broker
ROYAL LEPAGE INTEGRITY REALTY
Secondary Agent
Lily Hu
Secondary Broker
ROYAL LEPAGE INTEGRITY REALTY
Listing details
Days on REW
228 Days
Property Views
50
MLS® Number
X12486659
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Property Insights

ÉEP Francojeunesse
  • Public
  • JK - 6
Viscount Alexander Public School
  • Public
  • JK - 6
É Élém C Sainte-Anne
  • Catholic
  • JK - 8
Lisgar Collegiate Institute
  • Public
  • 9 - 12
York Street Public School
  • Public
  • JK - 8
Elgin Street Public School
  • Public
  • JK - 6
ÉEP Le Trillium
  • Public
  • JK - 6
Lady Evelyn Alternative School
  • Public
  • JK - 6
Immaculata School
  • Catholic
  • K - 12
ÉEP De la Salle
  • Public
  • 7 - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Mia Li
Phone:
(613) 716-2998
Office:
613-829-1818
Salesperson
Lily Hu
Phone:
(613) 733-9100
Office:
613-829-1818
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