$ 799,900
-
$799,900
Price -
6
Bed -
4
Bath -
2,000
SqFt
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About the Listing 493500 -
Fabulous opportunity for the right buyer. Ideally located at the corner of Percy Street and Somerset Street West, this fourplex double offers excellent potential for investors, developers, or owner-occupiers seeking a prime central Ottawa location. Flexible CM1 ZONING offers a wide range of Residential and COMMERCIAL uses, creating an outstanding long-term investment. This property features four residential units, including two 2-bedroom units and two 1-bedroom units. Units in 606 are currently vacant, offering immediate occupancy or rental potential, while Units in 604 are tenanted. Tenants in both unit have signed a Form N11 and are vacating September 1, 2026. Important updates include a new furnace in Unit 604 (2025) and a new furnace in Unit 606 (2024). Two hot water tanks are rented, while one hot water tank is owned. Tenants pay for hydro. Excellent location close to downtown Ottawa, public transit, restaurants, shops, and major amenities. Income and Expenses for 2025: Gross Income: $27,220.00; Expenses: Insurance: $1,090.80; Property Taxes: $7,167.20; Utilities: $6,661.12
Listing Highlights
Status
Active
Days on Site
10
Property Type
Multi-Family
MLS ®
X13155804
Year Built
Total Square Footage
2,000
Lot/Acreage
N/A
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full,Unfinished
- Other: 4 Kitchens
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Flat
- Others:
- Sewer: Sewer
- Parking Features: No Garage
Financial Details
- Tax Amount: $7,167
- Taxes w/Assessments: N/A
- Tax/Property ID: 041210065
- Tax Year: 2025
Payment Calculator
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Questions About..
604-606 Somerset St W Ottawa Centre, ON K1R 5K2
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