609-615 Somerset Street W Ottawa, Ontario K1R 5K3
$2,600,000
Well-located mixed-use investment in the heart of one of Ottawa's most established heritage neighbourhoods! Positioned on a prominent corner lot, this property is located within a bustling retail node surrounded by a balanced mix of national brand retailers and strong independent operators, supporting consistent pedestrian activity and stable long-term occupancy. The building includes three ground-floor retail units with strong visibility along Somerset Street, supported by a 24-hour adjusted traffic count of 9,113. The second floor comprises five 1-bedroom apartments, four of which have been recently upgraded with new kitchens and flooring. Recent capital improvements - including a 4-year-old boiler, 12-year-old roof, and 1-year-old windows and sills - provide operational stability and reduce near-term capital requirements. Situated on a 3,735 sq. ft. lot with potential parking accessed from Percy Street, the property benefits from H1[2185] Hub Zone zoning and a 16.5-metre height allowance, offering flexibility for future intensification. Current well-established retail tenants - Sudsey's Laundromat, Vapingstory & Smoke, and La Tiendita Latin Market - provide steady daily traffic and reliable cash flow. The location is a core strength: a heritage neighbourhood within close walking distance to the central business district, major employment centers, rapid transit, and immediate access to Highway 417, ensuring efficient connectivity across the city. Overall, 609-615 Somerset Street West presents a stable, income-producing urban asset with strong fundamentals, reliable tenancy, and clear long-term optionality supported by zoning, visibility, and sustained neighbourhood demand. (id:19512)
Property Details
| MLS® Number | X13868736 |
| Property Type | Retail |
| Community Name | 4102 - Ottawa Centre |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
Building
| Cooling Type | None |
| Heating Type | Radiator |
| Size Exterior | 6095 Sqft |
| Size Interior | 6095 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 56 Ft |
| Size Frontage | 67 Ft |
| Size Irregular | Bldg=67 X 56 Ft |
| Size Total Text | Bldg=67 X 56 Ft |
| Zoning Description | H1[2185] H(16.5) |
https://www.realtor.ca/real-estate/30371894/609-615-somerset-street-w-ottawa-4102-ottawa-centre
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1505 Carling Avenue,2nd Floor
Ottawa, Ontario K1Z 7L9
(613) 518-2006
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October 06 2026 08:24:19
Ottawa Real Estate Board
Capital Commercial Investment Corp.