$2,420,000
Available - For Sale
Listing ID: X9517156
455/457 SOMERSET St West , Ottawa Centre, K1R 5J7, Ontario


6-unit complex with 2 vacant units ready for your vision - Waiting for your clients' renovations. Current NOI: $113,510 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. NOI is projected from 4 actual and 2 vacant unit rents.
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
Building Percentage: Y
Total Area: 0.00
Total Area Code:  Sq Ft
Insurance Expense: $8481
Water Expense: $3293
Gross Income/Sales: $153451
Net Income Before Debt: $113510
Expenses Actual/Estimated: $Act
Heat Type: Water Radiators
Sewers: San+Storm
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
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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At a Glance:
Type: Com - Investment
Area: Ottawa
Municipality: Ottawa Centre
Neighbourhood: 4102 - Ottawa Centre
Style:
Lot Size: 57.95 x 112.37(Feet)
Approximate Age:
Tax: $18,153
Maintenance Fee: $3,500
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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