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327 SOMERSET STREET E, Ottawa, Ontario, K1N 6W4

MLS® # 1411468
Investment For Sale In Sandy Hill - Ottawa East, Ottawa, Ontario
$1,899,000
327 Somerset Street E, Ottawa, ON - Outdoor With Facade
327 Somerset Street E, Ottawa, ON - Outdoor With Exterior
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Other Room
327 Somerset Street E, Ottawa, ON - Outdoor With View
327 Somerset Street E, Ottawa, ON - Outdoor With View
327 Somerset Street E, Ottawa, ON - Outdoor With View
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Kitchen
327 Somerset Street E, Ottawa, ON - Indoor
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bathroom
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bathroom
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bathroom
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bedroom
327 Somerset Street E, Ottawa, ON - Outdoor
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Kitchen
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bathroom
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bathroom
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bedroom
327 Somerset Street E, Ottawa, ON - Outdoor With Exterior
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Kitchen
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bedroom
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Dining Room
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bedroom
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Kitchen
327 Somerset Street E, Ottawa, ON - Indoor
327 Somerset Street E, Ottawa, ON - Outdoor
327 Somerset Street E, Ottawa, ON - Outdoor
327 Somerset Street E, Ottawa, ON - Outdoor
327 Somerset Street E, Ottawa, ON - Other
327 Somerset Street E, Ottawa, ON  - Outdoor With Facade
327 Somerset Street E, Ottawa, ON  - Outdoor With Exterior
327 Somerset Street E, Ottawa, ON  - Indoor Photo Showing Other Room
327 Somerset Street E, Ottawa, ON  - Outdoor With View
327 Somerset Street E, Ottawa, ON - Outdoor With View
327 Somerset Street E, Ottawa, ON - Outdoor With View
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Kitchen
327 Somerset Street E, Ottawa, ON - Indoor
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bathroom
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bathroom
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bathroom
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bedroom
327 Somerset Street E, Ottawa, ON - Outdoor
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Kitchen
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bathroom
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bathroom
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bedroom
327 Somerset Street E, Ottawa, ON - Outdoor With Exterior
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Kitchen
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bedroom
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Dining Room
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Bedroom
327 Somerset Street E, Ottawa, ON - Indoor Photo Showing Kitchen
327 Somerset Street E, Ottawa, ON - Indoor
327 Somerset Street E, Ottawa, ON - Outdoor
327 Somerset Street E, Ottawa, ON - Outdoor
327 Somerset Street E, Ottawa, ON - Outdoor
327 Somerset Street E, Ottawa, ON - Other
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327 SOMERSET STREET E, Ottawa, Ontario, K1N 6W4
$1,899,000

Property Information:

CAP RATE 7.29% CASH FLOW! Centrally located & TURNKEY Investment Property offering excellent rental income. With an impressive annual net income of $139,469, this ideal property provides steady returns without the need for immediate repairs and renovations, and provides room for growth. Situated in Sandy Hill, one of Ottawa’s most desirable rental market zone, the property is within walking distance to the University of Ottawa, LRT, Rideau Canal, Byward Market, Rideau River, and various parks. Owned for 15 years and meticulously maintained, the property showcases its character with historic mouldings, hardwood floors, vaulted ceilings, abundant natural light, and covered balconies. Located on a major bus route and with convenient access to all amenities, this property is in a prime location to enhance or start your investment portfolio! (id:27)

Building Features:

  • Style: Multiplex
  • Exterior Finish: Brick
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Depth: 71.3 Feet
  • Lot Frontage: 33.3 Feet
  • Lot Size: 33.33 ft X 71.33 ft
  • Zoning: R4UB[480]-c
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 2

Courtesy of: RIGHT AT HOME REALTY, KELLER WILLIAMS INTEGRITY REALTY

REALTOR.ca  

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Location of 327 SOMERSET STREET E, Ottawa, Ontario, K1N 6W4

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, 327 SOMERSET STREET E , 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
7
2050
31

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, 327 SOMERSET STREET E , experiences 11 significant 2-day storms per year, with about 319.7mm 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 409.6mm of precipitation per year.

Precipitation Per Storm

Past
319.7mm
2050
409.6mm

48-Hour Storms Per Year

Past
11
2050
14

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.

Demographic Information of 327 SOMERSET STREET E, Ottawa, Ontario, K1N 6W4

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$127,157.76

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

4.0 %

High school certificate or equivalent

35.51 %

Apprenticeship trade certificate/diploma

0.72 %

College/non-university certificate

9.8 %

University certificate (below bachelor)

2.99 %

University Degree

46.99 %

Commuter

Travel To Work

By Car

30.58 %

By Public Transit

27.44 %

By Walking

31.79 %

By Bicycle

5.91 %

By Other Methods

4.28 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

85.04 %

Houses

14.96 %

Own Vs. Rent