$2,240,000
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455 457 Somerset Street W, Ottawa, ON K1R5J7

 Contact
- Beds
7 Baths
5,500 Sq Ft

Welcome to 455/457 Somerset Street West a rare opportunity to acquire a turnkey 6-unit building in one of Ottawa's most vibrant and in-demand rental locations. This well-maintained property generates a strong NOI of $125, 496.90, with a 5.60% cap rate, and bonus immediate upside: 1 purposely positioned vacant unit is ready for renovation, allowing the next owner to quickly increase rental income and unlock further value. Each of the six units offers a spacious, thoughtfully designed layout that promotes long-term tenant satisfaction. With a tenant profile geared toward young professionals and transient renters, there is considerable potential to elevate rents to market levels with minimal capital investment. Situated in the heart of Centretown, steps to shops, restaurants, universities, and transit, this asset benefits from both premium location and consistent rental demand. Investors will appreciate the mix of stability and opportunity ideal for portfolio growth or as a high-performing entry into Ottawa's multi-residential market. Feature sheet available which breaks down all unit sizes and lease information. Vacant unit rent assumed in listed NOI. (id:58753)

Listing By: Adam Pearce - SLEEPWELL REALTY GROUP LTD cncrea2 Realty.com
  • MLS® X12784612
  • Date Listed02/12/2026
  • Days on Realty 115 Days
  • Bedrooms -
  • Bathrooms 7 baths
  • Lot Size -
  • Property Type Multi Family
  • Water Public
  • Square Feet 5,500 sq. ft
  • Price Per Sq. Ft $407.27

Interior Features

  • Appliances Washer, Dishwasher, Dryer
  • Cooling Partially air conditioned
  • Heating Hot water radiator heat, Natural gas

Exterior / Lot Features

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

Directions

Cross Streets: Somerset & Kent. ** Directions: From Kent Street, turn left on Somerset Street West, building has laneway before 455 and parking behind.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K1R5J7

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

Walkability in ON / K1R5J7

Source: Walk Score

99/100

Walker's Paradise

Walk Score ®

90/100

Rider's Paradise

Transit Score ®

98/100

Biker's Paradise

Bike Score ®

Overview

Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.

Transit Summary

64 nearby routes: 63 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 62/100, Bike Score: 85/100.

Points of Interest near 455 457 SOMERSET STREET W, Ottawa, ON K1R5J7

Frequently Asked Questions for 455 457 SOMERSET STREET W

Source: Realty.com

455 457 SOMERSET STREET W, Ottawa, ON K1R5J7 in Ottawa, ON K1R5J7 is a multi family listed at $2,240,000. Highlights include 7 bathrooms, 5,500 sq. ft., $407 per sq. ft.. Realty.ca has 49 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 49 photos of 455 457 SOMERSET STREET W.

The full address for this home is 455 457 SOMERSET STREET W, Ottawa, ON K1R5J7.

455 457 SOMERSET STREET W has been listed on Realty.com since Thu February 12, 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: SLEEPWELL REALTY GROUP LTD
Listing agent: Adam Pearce

This content last refreshed on 2026-06-07 11:11:10. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.