Tony Tompson
Sales Representative
Century 21 Example Inc., Brokerage
Independently owned and operated.
7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6
Cell: 1-866-382-2968Office: 416-548-7854Fax: 416-981-7184
$2,420,000
Available - For Sale
Listing ID: X9517156
455/457 SOMERSET St West , Ottawa Centre, K1R 5J7, Ontario
| 6-unit complex with 2 units soon to be vacant - Waiting for your clients' renovations. Current NOI: $107,597 with amazing potential that you can easily unlock with transient tenants. Welcome to 455/457 Somerset an exceptional investment opportunity offering both comfort and significant income potential. This meticulously maintained building features six spacious units, each with a thoughtful layout designed to maximize living space and enhance tenant satisfaction. Set in a desirable location, this property not only promises higher income potential but also comes with the convenience of nearby amenities and excellent transport links. This is a must-see investment for anyone looking to expand their real estate portfolio with a property that combines comfort, style, and substantial financial returns. 24 hours notice required for tenants. |
| Price | $2,420,000 |
| Taxes: | $18153.00 |
| Occupancy by: | Tenant |
| Address: | 455/457 SOMERSET St West , Ottawa Centre, K1R 5J7, Ontario |
| Postal Code: | K1R 5J7 |
| Province/State: | Ontario |
| Legal Description: | LT 24, PL 15061 , N/S SOMERSET ST ; OTTA |
| Lot Size: | 57.95 x 112.37 (Feet) |
| Directions/Cross Streets: | ON SOMERSET BETWEEN KENT AND LYON |
| Category: | Apartment |
| Insurance Expense: | $8481 |
| Water Expense: | $3293 |
| Gross Income/Sales: | $147538 |
| Net Income Before Debt: | $107597 |
| Heat Type: | Water |
| Sewers: | Sewers |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| SLEEPWELL REALTY GROUP LTD |
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Dir:
1-866-382-2968
Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Ottawa Centre |
| Neighbourhood: | 4102 - Ottawa Centre |
| Lot Size: | 57.95 x 112.37(Feet) |
| Tax: | $18,153 |
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