Skip to main content
470 Somerset Street

470 Somerset Street

Ottawa Centre, ON

  • 4,241 sqft
  • Office
  • 185 days on market
$1,200,000

Located between Kent & Lyon Street, this fully renovated 3 story heritage building is a great opportunity for an owner-occupier in the heart of Centretown. The standalone building features approx. 3,050 SF of office space over 3 stories and 5+ parking spaces. It is filled with plenty of natural light and can accommodate many different professions such as design firms, staffing agencies, law firms, etc. This property offers great access to Highway 417, walking distance to the Lyon LRT station and many amenities close by on Bank Street including Massine's Independent Grocer and Dollarama. Current tenant's lease expires on September 30, 2026.

Listing Details

Taxes (2025)
$21,236
Listed
March 18, 2026

Price History

Listing history

Sign in to view

Property

Lot Size
38.66 x 110 Feet

Parking

Garage
Outside/Surface

Location & Legal

Cross Street
Somerset and Kent
Zoning
CM1 H(20)
Parcel Number
041200073
Possession
Flexible
Occupancy
Tenant

Commercial

Office / Apartment Area
3050 Sq Ft

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 Ottawa Centre · last 12 months

Median sold price
$442,500
Homes sold
379
Median days on market
32
Sale-to-list price
97.1%

Based on 379 recorded sales of commercial properties in Ottawa Centre over the last 12 months.

Listed by

ZINATI REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
4,241 sq ft
Price per sq ft
$282.95
Annual property tax
$21,236
Tax per sq ft
$5.01

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

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

Interested in this property?

By submitting this form you consent to REintel, operated by Direct Realty Ltd. (6992 Hwy 62, Belleville, ON K8N 0L7) contacting you to respond to your inquiry and send you relevant property listings, market updates, and real-estate information. You can withdraw your consent at any time using the unsubscribe link in every email, or by contacting us at the mailing address above.

Cookie Preferences