About this property

INVESTORS & DEVELOPERS! Currently generating $7,042/month ($84,504/year) in gross rental income, this rare detached mixed-use property in the heart of Centretown West offers exceptional flexibility and future potential. The upper residential unit is rented for $2,300/month, the main-floor commercial space for $3,842/month through 2027, plus $900/month from the rear space. Zoned TM(2185) H(16), the property offers residential and commercial possibilities and multiple income streams. The main level is currently configured as commercial space, while the self-contained upper unit features a separate entrance and private second-floor balcony. Significant improvements were completed in 2022, including updated appliances and interior upgrades. Additional features include a dry basement and major system updates including roof and furnace. Ideally positioned on Somerset St W in vibrant Chinatown, just minutes from Little Italy, LeBreton Flats, downtown, shops, restaurants, transit and the LRT. Strong income today with exciting long-term potential. (Buyer to verify zoning, permitted uses and redevelopment possibilities. Sold as is)

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X13702186
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	1,500 sq ft
Lot Size	2,840 sq ft
Beds / Baths	0 bed · 0 bath
Neighbourhood	4103 - Ottawa Centre
City	Ottawa Centre
Postal Code	K1R 5K4
Province	ON
Listed Date	August 21, 2026
Days on Market	0
Price per Sq Ft	$517
Brokerage	FIDACITY REALTY