Welcome to 551 Somerset Street. Timeless Charm with Modern Upgrades. Step into a building that blends the classic style and character of the past with the convenience and safety of modern construction. Fully restructured and extensively renovated in 2016, this turn-key property offers peace of mind with upgrades that meet current building and fire codes. Major Renovations Completed in 2016 Include: Full replacement of all mechanical, electrical, and plumbing systems (including underground plumbing to the City sewer) All floor joists replaced for enhanced structural integrity. Upgraded electrical systems (separately metered for two units)Installation of all new windows, doors, and roofing. Two new furnaces. Additional Features: Two new air conditioners installed in 2021, two separately metered units ideal for investment. Architectural drawings/plans available upon request. Perfectly located across from Dundonald Park, this property offers a blend of lifestyle and investment opportunity in one of the city's most sought-after neighbourhoods. Don't miss your chance to own this beautifully updated and well-located gem. A true turn-key opportunity in the heart of the city. |
Price | $1,049,000 |
Taxes: | $21487.00 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 551 SOMERSET Stre West , Ottawa Centre, K1R 5J9, Ottawa |
Postal Code: | K1R 5J9 |
Province/State: | Ottawa |
Legal Description: | PT LT 13, PL 15061 , N/S SOMERSET, AS IN |
Lot Size: | 8.18 x 77.70 (Feet) |
Directions/Cross Streets: | Somerset Street and Bay Street |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 0 | |
Washroom Type 7 | 0 | |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 |
Category: | Retail |
Building Percentage: | T |
Total Area: | 2400.00 |
Total Area Code: | Square Feet |
Retail Area Code: | Sq Ft |
Water Expense: | $500 |
Expenses Actual/Estimated: | $Act |
Sprinklers: | No |
Washrooms: | 0 |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Yes |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE TEAM REALTY |
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Book Showing | Email a Friend |
Type: | Com - Commercial Retail |
Area: | Ottawa |
Municipality: | Ottawa Centre |
Neighbourhood: | 4102 - Ottawa Centre |
Lot Size: | 8.18 x 77.70(Feet) |
Tax: | $21,487 |
Fireplace: | N |