455/457 Somerset Street W, Ottawa Centre (4102 - Ottawa Centre), ON, K1R 5J7 - investment for sale | Listing ID X9517156

Investment For Sale In Centretown, Ottawa Centre (4102 - Ottawa Centre), Ontario

$2,420,000

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455/457 Somerset Street W, Ottawa Centre (4102 - Ottawa Centre), ON - Outdoor With Facade

455/457 Somerset Street W, Ottawa Centre (4102 - Ottawa Centre), ON - Indoor Photo Showing Other Room

455/457 Somerset Street W, Ottawa Centre (4102 - Ottawa Centre), ON - Indoor Photo Showing Kitchen

455/457 Somerset Street W, Ottawa Centre (4102 - Ottawa Centre), ON - Indoor Photo Showing Laundry Room

455/457 Somerset Street W, Ottawa Centre (4102 - Ottawa Centre), ON - Indoor

455/457 Somerset Street W, Ottawa Centre (4102 - Ottawa Centre), ON - Indoor Photo Showing Bathroom

455/457 Somerset Street W, Ottawa Centre (4102 - Ottawa Centre), ON - Indoor Photo Showing Living Room

455/457 Somerset Street W, Ottawa Centre (4102 - Ottawa Centre), ON - Indoor Photo Showing Kitchen With Double Sink

455/457 Somerset Street W, Ottawa Centre (4102 - Ottawa Centre), ON - Indoor Photo Showing Bedroom

455/457 Somerset Street W, Ottawa Centre (4102 - Ottawa Centre), ON - Outdoor

455/457 Somerset Street W, Ottawa Centre (4102 - Ottawa Centre), ON - Other

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Get a home insurance quote online for this $2,420,000 property in Ottawa Centre (4102 - Ottawa Centre)

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455/457 SOMERSET STREET W, Ottawa Centre (4102 - Ottawa Centre), Ontario, K1R 5J7

$2,420,000

Property Information:

6-unit complex with 2 vacant units ready for your vision - Waiting for your clients’ renovations. Current NOI: $113,510 with amazing potential that you can easily unlock with transient tenants. Welcome to 455/457 Somerset an exceptional investment opportunity offering both comfort and significant income potential. This meticulously maintained building features six spacious units, each with a thoughtful layout designed to maximize living space and enhance tenant satisfaction. Set in a desirable location, this property not only promises higher income potential but also comes with the convenience of nearby amenities and excellent transport links. This is a must-see investment for anyone looking to expand their real estate portfolio with a property that combines comfort, style, and substantial financial returns. 24 hours notice required for tenants. NOI is projected from 4 actual and 2 vacant unit rents. (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Basement Development: Finished
Basement Type: Full
Exterior Finish: Wood, Brick
Heating Type: Hot water radiator heat
Heating Fuel: Natural gas

Property Features:

Property Type: Multi-family
Irregular: Yes
Lot Depth: 112.3 Feet
Lot Frontage: 57.9 Feet
Lot Size: Unit=57.95 x 112.37 FT ; 0
Zoning: TM14
Sewer: Sanitary sewer
No. of Parking Spaces: 6

Courtesy of: SLEEPWELL REALTY GROUP LTD

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Location of 455/457 SOMERSET STREET W, Ottawa Centre (4102 - Ottawa Centre), Ontario, K1R 5J7

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 455/457 SOMERSET STREET W , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past

31.2℃

2050

34.7℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 455/457 SOMERSET STREET W , experiences 11 significant 2-day storms per year, with about 319.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 408.5mm of precipitation per year.

Precipitation Per Storm

Past

319.2mm

2050

408.5mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 455/457 SOMERSET STREET W, Ottawa Centre (4102 - Ottawa Centre), Ontario, K1R 5J7

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$124,651.07

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.51 %

High school certificate or equivalent

18.56 %

Apprenticeship trade certificate/diploma

3.31 %

College/non-university certificate

13.82 %

University certificate (below bachelor)

3.21 %

University Degree

51.59 %

Commuter

Travel To Work

By Car

35.43 %

By Public Transit

19.65 %

By Walking

36.4 %

By Bicycle

2.59 %

By Other Methods

5.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

90.03 %

Houses

9.97 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Location of 455/457 SOMERSET STREET W, Ottawa Centre (4102 - Ottawa Centre), Ontario, K1R 5J7

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 455/457 SOMERSET STREET W, Ottawa Centre (4102 - Ottawa Centre), Ontario, K1R 5J7

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

455/457 SOMERSET STREET W, Ottawa Centre (4102 - Ottawa Centre), Ontario, K1R 5J7

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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