455-457 Somerset ST W, Ottawa Centre, ON K1R 5J7
455-457 Somerset ST W, Ottawa Centre, ON K1R 5J7
455-457 Somerset ST W, Ottawa Centre, ON K1R 5J7
455-457 Somerset ST W, Ottawa Centre, ON K1R 5J7
455-457 Somerset ST W, Ottawa Centre, ON K1R 5J7
455-457 Somerset ST W, Ottawa Centre, ON K1R 5J7
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Eddy Pybus

Eddy Pybus

+1(289) 219-4111
-
Est. payment | /mo

13 Beds

7 Baths

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-
Est. payment | /mo
Save

13 Beds

7 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision 4102 - Ottawa Centre

MLS Listing ID X12784444

Style 3-Storey

Bedrooms 13

Annual Tax Amount $18,979

Tax Year 2025

Property Sub-Type Multiplex

Property Description

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.

Location

Province ON

County Ottawa

Area Ottawa

Rooms

Family Room No

Basement Full

Kitchen 6

Separate Den/Office 4

Interior

Interior Features None

Cooling Other

Inclusions 6 Fridges, 6 stoves, 3 dishwashers, 1 stacking set washer/dryer, 1 stacking set coin op washer/dryer, 1 combo washer/dryer.

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 58.0

Lot Depth 112.5

Total Parking Spaces 7

Building

Foundation Concrete Block

Others

Senior Community No

ParcelsYN No

Listed by SLEEPWELL REALTY GROUP LTD

Nearby Locations

Eddy Pybus

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(289) 219-4111

edward.pybus@exprealty.com

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455-457 Somerset ST W

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