784 SOMERSET STREET$4,900,000

#1365074

N/A bed

N/A bath

About the Property

Investment/ Development Opportunity. 784 to 792 Somerset St W and 12 and 14 Lebreton St N. Mixed commercial and residential properties: 4 retail spaces (restaurants), 6 Apartments (1-2 bedroom apartment and 5-1 bedroom apartments) and 16 rooms rentals and approx 15 car parking. Lot: 784 to 792 Somerset St 87.66 x 90.94 Feet Irregular, and 12&14 Lebreton St 86.50 x 156.06 Feet Irregular, total lot area 18871 Sq Ft.The two lots from Somerset St and Lebreton St. joins at the back.The total gross income is approx $396,000.00, the total expenses approx $80,000.00, the net income approx $316,000.00. Vendor may take back 1st mortgage with 20% down payment. (id:46641)

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Listing Agent

Jeff Matheson

Salesperson

(613) 404-5700

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Property Details

City: Ottawa

Neighbourhood: West Centre Town

Build Year: 1950

Property

Property Type

Retail

Ownership Type

Freehold

Land Depth

90 ft ,11 in

Building

Parking Space Total

6

Measurements

Additional Info

Listing Contract Date

2023-12-01

Zoning Description

TM(112)(H 16) & R4T

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