464 Somerset Street
Ottawa Centre, ON
- 4 bath
- 2,532 sqft
- Office
- 120 days on market
Character-rich Centretown office opportunity just steps from the Financial District and minutes to Parliament Hill. This well-maintained Victorian-style property offers approximately 2,532 SF above grade plus an additional 828 SF of usable lower-level space. Original architectural features including detailed millwork, high ceilings, and oversized windows are complemented by significant existing office buildout that can be readily repurposed for a variety of professional uses.The property is configured with a mix of approximately 7 enclosed offices and 4 open work areas, along with reception, kitchenette, storage, and additional finished lower-level workspace. The layout supports a natural separation between client-facing areas and internal operations, making it well-suited to a range of professional, medical, or service-based users.On-site rear parking for 8+ vehicles (tandem configuration), a rare offering in this location, complements strong walkability to Bank Street amenities, government offices, transit, and LRT. A strategic opportunity for owner-users seeking presence, character, and long-term value in a central location.
Listing Details
- Taxes (2025)
- $30,303
- Originally Listed
- $1,125,000
- Listed
- May 6, 2026
Price History
Listing history
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Property
- Lot Size
- 38.66 x 110 Feet
Parking
- Garage
- Outside/Surface
Location & Legal
- Cross Street
- Somerset St W & Kent St
- Zoning
- CM1 H(20)
- Parcel Number
- 041200072
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Office / Apartment Area
- 2532 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
- $451,000
- Homes sold
- 371
- Median days on market
- 32
- Sale-to-list price
- 97.1%
Based on 371 recorded sales of commercial properties in Ottawa Centre over the last 12 months.
Listed by
PARADIGM COMMERCIAL REAL ESTATE & BROKERAGE INC.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 2,532 sq ft
- Price per sq ft
- $432.46
- Annual property tax
- $30,303
- Tax per sq ft
- $11.97
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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