For Sale: 316 Somerset Street E, Ottawa, ON - REW
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$2,899,900
16 bd • 0 ba • < 698 sf • Multifamily
316 Somerset Street E
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$2,899,900
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316 Somerset Street EOttawa, ON, K1N 6W3

Sandy Hill
  • 16 Bed
  • 0 Bath
  • < 698 Sqft
  • Multifamily

About this home

Prime mixed-use asset in sought-after Sandy Hill. Offering four spacious four-bedroom residential units and a ground-floor commercial space, this income-producing property combines strong tenant appeal with the flexibility of multiple revenue streams. Each unit features separate hydro meters, in-suite laundry, stainless steel appliances, air conditioning, and bright contemporary living spaces. Six covered bicycle spaces enhance convenience, while the central location-steps to shops, restaurants, schools, and transit-ensures enduring rental demand and long-term investment potential. Net Income $131,694.36/2025 (id:63626)
Listed by: Steve Gabellini, Broker, EXP REALTY OF CANADA INC.

Home facts and features

Price details
List Price
$2,899,900
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Gross Taxes for 2026
$22,710
Home facts
Bedrooms
16
Full Bathrooms
0
Parking Spaces
2
Parking Details
No Garage
Property Type
Multifamily
Depth
97 feet
Frontage
39.0 feet
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Finished, Full
Appliances
Dryer, Refrigerator, Stove, Washer
Community
Agent details
Primary Agent
Primary Broker
EXP REALTY OF CANADA INC.
Secondary Agent
Louise Murray
Secondary Broker
EXP REALTY OF CANADA INC.
Tertiary Agent
Rolando Di Labio
Tertiary Broker
EXP REALTY OF CANADA INC.
Listing details
Days on REW
40 Days
MLS® Number
X13433890
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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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
ÉEP Le Trillium
  • Public
  • JK - 6
Lisgar Collegiate Institute
  • Public
  • 9 - 12
York Street Public School
  • Public
  • JK - 8
Répit-Transit
  • Public
  • JK - 12
ÉEP De la Salle
  • Public
  • 7 - 8
ÉSP De La Salle
  • Public
  • 9 - 12
Elgin Street Public School
  • Public
  • JK - 6
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
Broker
Steve Gabellini
Phone:
(613) 761-8158
Office:
866-530-7737
Salesperson
Louise Murray
Phone:
(613) 857-4879
Office:
866-530-7737
Salesperson
Rolando Di Labio
Phone:
(613) 794-5354
Office:
866-530-7737
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.