$724,900
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640 Somerset Street W, Ottawa, ON K1R5K4

- Beds
0 Baths
1,500 Sq Ft

INVESTORS & DEVELOPERS! Currently generating $7, 042/month ($84, 504/year) in gross rental income, this rare detached mixed-use property in the heart of Centretown West offers exceptional flexibility and future potential. The upper residential unit is rented for $2, 300/month, the main-floor commercial space for $3, 842/month through 2027, plus $900/month from the rear space. Zoned TM(2185) H(16), the property offers residential and commercial possibilities and multiple income streams. The main level is currently configured as commercial space, while the self-contained upper unit features a separate entrance and private second-floor balcony. Significant improvements were completed in 2022, including updated appliances and interior upgrades. Additional features include a dry basement and major system updates including roof and furnace. Ideally positioned on Somerset St W in vibrant Chinatown, just minutes from Little Italy, LeBreton Flats, downtown, shops, restaurants, transit and the LRT. Strong income today with exciting long-term potential. (Buyer to verify zoning, permitted uses and redevelopment possibilities. Sold as is) (id:58753)

  • MLS® X13775652
  • Date Listed09/12/2026
  • Days on Realty 19 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Property Type Other
  • Water Public
  • Square Feet 1,500 sq. ft
  • Price Per Sq. Ft $483.27

Interior Features

  • Appliances Washer, Dishwasher, Dryer
  • Cooling None
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K1R5K4

Discover key demographics, population statistics, and environmental insights for the Ottawa, ON area.

Walkability in ON / K1R5K4

Source: Walk Score

97/100

Walker's Paradise

Walk Score ®

73/100

Excellent Transit

Transit Score ®

88/100

Very Bikeable

Bike Score ®

Overview

Daily errands do not require a car. Transit is convenient for most trips. Biking is convenient for most trips.


Transit Summary

25 nearby routes: 24 bus, 1 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 68/100, Transit Score: 61/100, Bike Score: 84/100.

Points of Interest near 640 SOMERSET STREET W, Ottawa, ON K1R5K4

Frequently Asked Questions for 640 SOMERSET STREET W

Source: Realty.com

640 SOMERSET STREET W, Ottawa, ON K1R5K4 in Ottawa, ON K1R5K4 is a other listed at $724,900. Highlights include 1,500 sq. ft., $483 per sq. ft.. Realty.ca has 22 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 22 photos of 640 SOMERSET STREET W.

The full address for this home is 640 SOMERSET STREET W, Ottawa, ON K1R5K4.

640 SOMERSET STREET W has been listed on Realty.com since Sat September 12, 2026

Daily errands do not require a car. Transit is convenient for most trips. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 68/100, Transit Score: 61/100, Bike Score: 84/100.

This content last refreshed on 2026-10-01 12:24:34. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.