316 SOMERSET STREET E , Ottawa, Ontario K1N6W3
316 SOMERSET STREET E , Ottawa, Ontario K1N6W3
316 SOMERSET STREET E , Ottawa, Ontario K1N6W3
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For Sale

$2,999,900

316 SOMERSET STREET E , Ottawa, Ontario K1N6W3

Remarks

4.8% cap rate unit 30% expenses at List Price. Building is now fully leased with Leases in hand at 3400+3400+3350+3200+4200=$17550 = $210,600 GOI! BRAND NEW MULTI UNIT building in Sandy Hill. This building has 4 residential units and 1 commercial space. 4 x 4 Bedroom units and Ground Floor Commercial unit. Expenses have been estimated at 30% of GOI. All units have separate hydro meters, in-unit laundry, SS appliances, 6 covered bicycle parking spaces and AC. Each unit offers spacious, modern, layouts, overflowing with natural light. Fantastic central location close to Shops, restaurants, schools and transit. (id:7526)

Property Summary

  • Neighbourhood: Sandy Hill
  • Lot Frontage: 39.0 Feet
  • Lot Depth: 97.0 Feet
  • Lot Size: 39.01 ft X 97 ft
  • Built in: 2023
  • Zoning: Residential

Property Features:

  • Ownership Type:
    Freehold
  • Property Type:
    Multi-family
  • Sewer:
    Municipal sewage system

Building Features:

  • Cooling Type:
    Central air conditioning
  • Exterior Finish:
    Siding
  • Foundation Type:
    Poured Concrete
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Forced air

Office Listing: 

Steve Alexopoulos , Broker Tarek El Attar , Salesperson

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