$1,049,000
Available - For Sale
Listing ID: X12316026
551 SOMERSET Stre West , Ottawa Centre, K1R 5J9, Ottawa
| Welcome to 551 Somerset Street. Timeless Charm with Modern Upgrades. Step into a building that blends the classic style and character of the past with the convenience and safety of modern construction. Fully restructured and extensively renovated in 2016, this turn-key property offers peace of mind with upgrades that meet current building and fire codes. Major Renovations Completed in 2016 Include: Full replacement of all mechanical, electrical, and plumbing systems (including underground plumbing to the City sewer) All floor joists replaced for enhanced structural integrity. Upgraded electrical systems (separately metered for two units)Installation of all new windows, doors, and roofing. Two new furnaces. Additional Features: Two new air conditioners installed in 2021, two separately metered units ideal for investment. Architectural drawings/plans available upon request. Perfectly located across from Dundonald Park, this property offers a blend of lifestyle and investment opportunity in one of the city's most sought-after neighbourhoods. Don't miss your chance to own this beautifully updated and well-located gem. A true turn-key opportunity in the heart of the city. |
| Price | $1,049,000 |
| Taxes: | $21487.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 551 SOMERSET Stre West , Ottawa Centre, K1R 5J9, Ottawa |
| Postal Code: | K1R 5J9 |
| Province/State: | Ottawa |
| Legal Description: | PT LT 13, PL 15061 , N/S SOMERSET, AS IN |
| Lot Size: | 8.18 x 77.70 (Feet) |
| Directions/Cross Streets: | Somerset Street and Bay Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 0 | |
| Washroom Type 32 | 0 | |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 |
| Category: | Retail |
| Building Percentage: | T |
| Total Area: | 2400.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Water Expense: | $500 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| ROYAL LEPAGE TEAM REALTY |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Ottawa |
| Municipality: | Ottawa Centre |
| Neighbourhood: | 4102 - Ottawa Centre |
| Lot Size: | 8.18 x 77.70(Feet) |
| Tax: | $21,487 |
| Fireplace: | N |
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