$5,250,000

255 Somerset Street E, Lower Town - Sandy Hill, ON K1N 6V5

4004 - Sandy Hill, Lower Town - Sandy Hill,

| | 2,756 nf. |

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Outstanding investment opportunity in Sandy Hill, just steps from the University of Ottawa. 255 Somerset Street East is a fully renovated multi-residential property featuring 23 furnished rental units, each with a private bathroom, fridge, and full set of furnishings. The all-inclusive rental model continues to attract strong demand from students and young professionals seeking reliable, convenient living. The building was completely retrofitted in 2025 with upgraded infrastructure, modern finishes, and added tenant-focused amenities, making it a standout choice for off-campus housing. The property generates a gross annual revenue of $404,368 with a Net Operating Income of $294,256, translating to a solid 5.5% cap rate at current performance. Tenants enjoy exceptional convenience with a 93 Walk Score, 84 Transit Score, and 94 Bike Score, placing them within easy reach of campus, grocery stores, cafés, restaurants, pubs, and fitness amenities. The thoughtful retrofit and all-inclusive rental model not only maximize income but also create an appealing, worry-free housing solution for tenants, reducing vacancy risk and ensuring consistent occupancy. With strong cash flow, brand-new systems and finishes, and an unbeatable location in the heart of Sandy Hill, 255 Somerset Street East offers investors a turnkey, high-performing property that combines modern living standards with long-term appreciation potential.

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Information sur la propriété
MLS®: X12401676
Gracieuseté de SLEEPWELL REALTY GROUP LTD
Surface de plancher 2756 pieds carrés
Grandeur du terrain 2800 pieds carrés
Dernière mise à jour 2025-09-13
Type de propriété Commerce
Liste des prix $5,250,000
Prix ​​unitaire $1,905/pieds carrés
Montant de la taxe $30,000/Année
Plus de détails
Approvisionnement en eau Municipal
Résumé
    Emplacement et informations générales
  • HoldoverDays: 30
  • Type de propriété: Commercial
  • Sous-type de propriété: Investment
  • GarageType: None
  • les directions: From King Edward, East on Somerset St E. Located on corner of Somerset and Nelson.
  • Taxes et informations HOA
  • Année d'imposition: 2025
  • Stationnement
Caractéristiques intérieures et extérieures
    Caractéristiques intérieures
  • Cooling: Yes
  • HeatType: Gas Forced Air Closed
  • Caractéristiques extérieures
Propriété
    Utilitaires
    Propriété et évaluations
  • Superficie totale du bâtiment: 2756
  • Unités de surface du bâtiment: Square Feet
  • Informations sur les lots
  • Numéro de colis: 042090249
  • LotSizeUnits: Feet
  • LotDepth: 70
  • LotWidth: 40
  • Others
Historique des ventes
CARTE et installations à proximité
Carte
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Zone scolaire
Nom de l'école Type Grades Catchment Distance
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