883 Somerset Street

West Centre Town, ON

3,261 sqft
Investment
236 days on market

$2,295,000

Welcome to this tastefully renovated, multi residential, 8 unit building in the heart of Chinatown, Little Italy and next to Lebreton Flats- home to the future arena. Central location within walking distance to restaurants, cafes, shopping, recreation, public transit, and all downtown Ottawa has to offer, making this a prime investment opportunity. Extensive capital work, including 7 out of the 8 units being fully renovated. In building laundry and 3 parking spaces.

Listing Details

Taxes (2025): $14,150
Listed: January 7, 2026

Price History

Listing history

Property

Lot Size: 33 x 99 Feet

Parking

Garage: None

Location & Legal

Cross Street: Preston & Somerset St W
Zoning: TM[78]H(15)
Parcel Number: 041100182
Possession: Flexible
Occupancy: Tenant

Community

Postal area K1R

Population: 20,343
Private dwellings: 12,836
Median age: 36
Average household size: 1.7
Median household income: $74,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in West Centre Town · last 12 months

Median sold price: $675,000
Homes sold: 177
Median days on market: 20
Sale-to-list price: 98.2%

Based on 177 recorded sales of commercial properties in West Centre Town over the last 12 months.

Listed by

ROYAL LEPAGE TEAM REALTY

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area: 3,261 sq ft
Price per sq ft: $703.77
Annual property tax: $14,150
Tax per sq ft: $4.34

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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