883 Somerset Street

West Centre Town, ON

3,261 sqft • Investment • 114 days on market

$2,280,000

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: April 29, 2026

Price History

Listing history

Property

Lot Size: 33 x 99 Feet

Location & Legal

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

Commercial

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: $676,000
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