673-675 Somerset Street
West Centre Town, ON
- 4,025 sqft
- Commercial Retail
- 154 days on market
LANDMARK mixed-use investment opportunity in the heart of Ottawa's vibrant Chinatown. Situated on a high-visibility corner at Somerset St W and Bronson Ave, this fully tenanted property features 6 units, including 2 ground-floor commercial spaces and 4 residential apartments above. The commercial component is anchored by established tenants Pizza Pizza and TeaLive, both on triple net leases, providing stable, hands-off income. Residential units offer strong upside potential with below-market rents, allowing investors to increase cash flow over time. Zoned TM[112]H(16), this property allows for a wide range of commercial and residential uses, making it ideal for both investors and future redevelopment. Located in a high-foot-traffic area surrounded by restaurants, retail, and transit, demand continues to grow as Chinatown undergoes revitalization. This is a rare opportunity to secure a stable, income-generating asset with long-term growth potential.
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Listing Details
- Taxes (2025)
- $12,782
- Listed
- April 8, 2026
Price History
Property
- Lot Size
- 24 x 71.13 Feet
Parking
- Garage
- Public
Location & Legal
- Cross Street
- Bronson Ave & Somserset
- Zoning
- TM[112]H(16)
- Parcel Number
- 041110176
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Other
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
- $671,000
- Homes sold
- 175
- Median days on market
- 20
- Sale-to-list price
- 98.1%
Based on 175 recorded sales of commercial properties in West Centre Town over the last 12 months.
Listed by
ROYAL LEPAGE INTEGRITY REALTY
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 4,025 sq ft
- Price per sq ft
- $534.16
- Annual property tax
- $12,782
- Tax per sq ft
- $3.18
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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Reita is an automated assistant, not a licensed real estate agent. This listing mentions Situated on a high-visibility corner at Somerset St W and Bronson Ave, this fully tenanted property features 6 units, including 2 ground-floor commercial spaces and 4 residential apartments above.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?