631 Somerset Street
Ottawa Centre, ON
- 3,768 sqft
- Commercial Retail
- 110 days on market
631 Somerset presents a mixed-use freehold asset along a well-established downtown corridor, featuring a ground-floor barbershop with tenant-installed fit-ups and a second-floor residential unit. The property offers a functional and efficient configuration, supported by strong underlying real estate fundamentals, including prominent street frontage and a central location. Near-term lease expiries provide flexibility to extend existing tenancies or accommodate an owner-occupier, supporting future repositioning or alternate use over time.
Listing Details
- Taxes (2025)
- $14,065
- Listed
- May 28, 2026
Price History
Property
- Lot Size
- 33.5 x 112.35 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- SOMERSET ST W & PERCY STREET
- Zoning
- TM[2185] H(16), Unassigned
- Parcel Number
- 041210038
- Possession
- Immediate
- Occupancy
- Tenant
Commercial
- Office / Apartment Area
- 860 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
- 375
- Median days on market
- 33
- Sale-to-list price
- 97.1%
Based on 375 recorded sales of commercial properties in Ottawa Centre over the last 12 months.
Listed by
CBRE LIMITED
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 3,768 sq ft
- Price per sq ft
- $209.66
- Annual property tax
- $14,065
- Tax per sq ft
- $3.73
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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