843-839 SOMERSET STREET W, Ottawa

2025-09-12
 

Quick Summary

Location
843-839 SOMERSET STREET W, Ottawa, Ontario K1R6R6
Price
$2,100,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
5447 sqft

MLS®#X12399644

Property Description

Incredible Investment Opportunity in the Heart of Chinatown! Located on bustling Somerset Street West, this traditional Main Street-zoned property offers excellent passive income potential with a projected annual income of $120,000. A long-standing, well-known restaurant tenant occupies one side of the building under a triple net lease, covering all utilities and minimizing owner expenses.The adjacent unit is currently vacant and presents an exceptional opportunity potentially renting for up to $6,900/month. Ideal for an owner-occupier or an investor looking to maximize returns, this space is perfect for a wide range of uses. Major capital improvements already completed: the property features a brand new roof (2025) valued at $63,000, offering peace of mind and long-term savings on maintenance. Zoning permits restaurant or other commercial operations or redevelopment for multi-unit residential, offering flexibility and long-term growth. Property Highlights: High visibility with large street-facing windows, 5 dedicated parking spaces for tenants, prime location with a bus stop right at the door, surrounded by vibrant local businesses and community amenities. Don't miss your chance to own a versatile, income-generating property in one of the city's most dynamic neighbourhoods. (id:32467)

Property Features

Building

  • Cooling Type: Fully air conditioned
  • Fireplace: No
  • Interior Size: 5447 sqft
  • Utility Water: Municipal water

Land

  • Land Size: Bldg=82.57 x 65.97 FT

Zoning

  • Description: Tm (78) H15

Information entered by RE/MAX HALLMARK REALTY GROUP
Listing information last updated on: 2025-11-10 22:24:03


Book your free home evaluation with a 1% REALTOR® now!


How much could you save in commission selling with One Percent Realty?

Slide to select your home's price:

$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

Send a Message


One Percent Realty's top FAQs

Q
What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

Q
What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

Q
Are your listings on MLS®, realtor.ca and shared across the web?

Yes, yes, and yes.


Learn more about the One Percent Realty Deal

 

Sheila Forward-Davis REALTOR®

Phone:
(613) 883-8098
Mobile:
(613) 883-8098
Email:
sheila.forwarddavis@gmail.com
Support Area:
Ottawa, Kanata, Manotick

Home is where the heart is... let's find your gem in Ottawa or around the world. Sheila knows ...

Full Profile

 

Jay Terris Salesperson

Phone:
(613) 355-7295
Email:
jdterris@gmail.com
Support Area:
Stonebridge, Manotick, Westboro, Kanata, Greely, Nepean, Hunt Club South, Barrhaven, Riverside South, Stittsville, Richmond, Bells Corners, Findlay Creek, Leitrim, Country Place, Pineglen, Ottawa

I offer 1% CASH BACK REBATE* On Home Purchases   My mission is to represent ...

Full Profile

 

Sergiu Buhatel Broker

Phone:
(613) 724-8815
Email:
sergiu.buhatel@gmail.com
Support Area:
Ottawa, Nepean, Barrhaven, Findlay Creek, Blossom Park, Orleans, Kanata, Riverside South, Cumberland, Rockland, Manotick, Stittstville, Cornwall, Perth

Sergiu has been a Realtor® since 2012 and obtained his Broker license in 2015. He holds a Mas ...

Full Profile