31 m
Distance
Incredible Investment Opportunity in the Heart of Chinatown! Located on bustling Somerset Street West, this traditional Main Street-zoned property offers excellent passive income potential with a projected annual income of $120, 000. A long-standing, well-known restaurant tenant occupies one side of the building under a triple net lease, covering all utilities and minimizing owner expenses.The adjacent unit has recently been rented on a 5 year lease with a 5% yearly escalation starting at $6, 400/month + HST. Ideal for an owner-occupier or an investor looking to maximize returns, this space is perfect for a wide range of uses. Major capital improvements already completed: the property features a brand new roof (2025) valued at $63, 000, offering peace of mind and long-term savings on maintenance. Zoning permits restaurant or other commercial operations or redevelopment for multi-unit residential, offering flexibility and long-term growth. Property Highlights: High visibility with large street-facing windows, 6 dedicated parking spaces for tenants, prime location with a bus stop right at the door, surrounded by vibrant local businesses and community amenities. Don't miss your chance to own a versatile, income-generating property in one of the city's most dynamic neighbourhoods. (id:58753)
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Ottawa, ON area.
99/100
Walker's Paradise
Walk Score ®
90/100
Rider's Paradise
Transit Score ®
98/100
Biker's Paradise
Bike Score ®
Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.
64 nearby routes: 63 bus, 1 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 62/100, Bike Score: 85/100.
Source: Realty.com
843 839 SOMERSET STREET W, Ottawa, ON K1R6R6 in Ottawa, ON K1R6R6 is a other listed at $2,100,000. Highlights include 5,447 sq. ft., $386 per sq. ft.. Realty.ca has 40 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 40 photos of 843 839 SOMERSET STREET W.
The full address for this home is 843 839 SOMERSET STREET W, Ottawa, ON K1R6R6.
843 839 SOMERSET STREET W has been listed on Realty.com since Thu January 22, 2026
Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.
The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 62/100, Bike Score: 85/100.
Listing provided courtesy of:
RE/MAX HALLMARK REALTY GROUP
Listing agent:
John Haddad
This content last refreshed on 2026-06-08 06:44:22. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.