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621 Somerset Street

621 Somerset Street

Ottawa Centre, ON

  • 3,768 sqft
  • Commercial Retail
  • 108 days on market
$879,270

621 Somerset presents a freehold commercial asset in one of downtown Ottawa's most established corridors. The property features tenant-improved space with existing retail fit-ups, complemented by strong underlying real estate fundamentals, including prominent street frontage and exposure along a high-traffic corridor. Near-term lease expiries provide flexibility to extend existing tenancies or accommodate an owner-occupier, while flexible zoning permits a broad range of commercial and residential uses, supporting future leasing, repositioning, or alternate use.

Listing Details

Taxes (2025)
$20,031
Listed
May 28, 2026

Price History

Property

Lot Size
33.5 x 112.48 Feet

Parking

Garage
None

Location & Legal

Cross Street
Somerset St W & Percy St
Zoning
TM[2185]H(16), Unassigned
Parcel Number
041210038
Possession
Immediate
Occupancy
Tenant

Commercial

Office / Apartment Area
1110 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
$447,000
Homes sold
373
Median days on market
33
Sale-to-list price
97.1%

Based on 373 recorded sales of commercial properties in Ottawa Centre over the last 12 months.

Listed by

CBRE LIMITED

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
3,768 sq ft
Price per sq ft
$233.35
Annual property tax
$20,031
Tax per sq ft
$5.32

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

R

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