+1 (613) 440-1339
See all 19 photos
For sale

495 Somerset Street W

$850,000
Ottawa, Ontario, K1R 5J7
Open In Google Maps
Favorite

Overview

  • Updated On:
  • March 25 2025
  • MLS® Number
  • X11915584

Description

Investment opportunity with minimal hassle. Offers a consistent and appealing annual return on investment, boasting a cap rate of 5.6% or higher. Prime downtown location. This property has served as a well-appointed bar/restaurant establishment for nearly four decades. Boasting 9-foot ceilings, it includes dining areas on multiple floors and a stylish bar lounge. The lower level is equipped with a walk-in cooler. A dependable tenant with over a decade of experience in running the restaurant occupies the premises. Zoned TM. A valuable addition to your enduring investment portfolio. (id:57887)

Details

Price:
Price Info:
Property Size: 2000 sqft
Property Type: Retail
Neighbourhood: Chinatown

Features

Cooling & Heating
Other
Fully air conditioned

Calculator

$ 4,358.12
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,295.62

Building Details

Size
SizeExterior: 2000 sqft
SizeInterior: 2000 sqft
Utility
UtilityWater: Municipal water

Land Details

Acreage: No
SizeDepth: 65 Ft ,2 In
SizeFrontage: 32 Ft ,4 In
SizeIrregular: Bldg=32.4 X 65.2 Ft
SizeTotalText: Bldg=32.4 X 65.2 Ft
ZoningDescription: Tm

What's Nearby

Schedule a tour

Fri 18 Apr
Sat 19 Apr
Sun 20 Apr
Mon 21 Apr
Tue 22 Apr
Wed 23 Apr
Thu 24 Apr
Fri 25 Apr
Sat 26 Apr
Sun 27 Apr
In Person
Video Chat
Your information

  • Your Favourites

     

    No Favourites Found

     

  • Search

Powered by: REALTOR.ca
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)


March 25 2025 03:32:42

Ottawa Real Estate Board

Royal LePage Performance Realty

Helping good people find their way home.

Let's discuss your needs

+1 (613) 440-1339
bimalvyas@yahoo.com
Copyright © 2024 Bimal Vyas | Developed by Metaleaf Technologies
Whatsapp Facebook Instagram
Whatsapp Facebook Instagram
  • The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.
  • The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

Compare Listings