827 SOMERSET Street
West Centre Town, ON
- 3,500 sqft
- Office
- 114 days on market
Presenting a rare opportunity in the heart of Chinartown. This prime mixed-use property features a ground-floor commercial space built out as a restaurant and a second-floor residential unit with four bedrooms and 2 full washrooms. This building offers exceptional flexibility for discerning investors. The building enjoys high visibility and significant exposure to both pedestrian and vehicular traffic, positioning it prominently within one of Ottawa's most dynamic and sought-after neighbourhoods.Tenants and patrons alike benefit from an enviable location just steps from Dow's Lake, Lebreton flats and surrounded by an eclectic array of boutiques, restaurants, and cafés. The area is exceptionally well-connected, providing effortless access to public transit and major thoroughfares. Adding to the property's appeal are four-plus on-site parking spots-a rare and valuable amenity. Currently fully tenanted with reliable, high-quality tenants, the building offers immediate, stable cash flow. This is a turnkey investment that seamlessly blends commercial potential with residential convenience in a truly vibrant setting.
Listing Details
- Taxes (2025)
- $17,698
- Listed
- May 11, 2026
Price History
Listing history
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Property
- Lot Size
- 33 x 99 Feet
Parking
- Garage
- Outside/Surface
Location & Legal
- Cross Street
- North-East corner of Somerset St. W. and Rochester St.
- Zoning
- TM[112] H(16)
- Parcel Number
- 041100249
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Office / Apartment Area
- 1750 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 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
COLDWELL BANKER FIRST OTTAWA REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 3,500 sq ft
- Price per sq ft
- $425.71
- Annual property tax
- $17,698
- Tax per sq ft
- $5.06
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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