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474 SOMERSET Street W

Ottawa Centre, Ottawa, ON

Listed 33 days ago

$938,000For Sale

2809 sqftSize

5Parking

9 ft × 110 ftLot Size

InvestmentProperty Type

474 SOMERSET Street W

Ottawa, ON · Ottawa Centre

Listed 33 days ago

Size2809 sqft

Parking5

Lot Size9 ft × 110 ft

Property TypeInvestment

$938,000

For Sale

MLS# X13167240

Polsinello Voice Concierge

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About this home

HIGH-RETURN INVESTMENT | PRIME CENTRETOWN LOCATION | DEVELOPMENT POTENTIAL | MIXED-USE ZONING. Endless possibilities await with this exceptional income-generating property in the heart of Central Ottawa, ideally positioned between Centretown, Chinatown, and Little Italy. A rare opportunity for investors, developers, and land bankers seeking strong cash flow today with substantial redevelopment potential tomorrow. Zoned TM14 H(20), this highly flexible zoning allows for a wide range of commercial, mixed-use, and multi-residential uses with building heights up to 20 metres, creating tremendous future upside in one of Ottawa's fastest-growing urban corridors.Situated on a 29 x 110 ft lot with 5 rear parking spaces, this property offers unbeatable convenience with a near-perfect Walk Score of…

Features & Details

Property Type: Investment
Tax: $12,984 / 2025
Size: 2809 sqft
Lot Size: 8.84 x 110 Feet
Total Parking Spaces: 5

Title: Commercial
Property Style: Office
Community: Ottawa Centre
Municipality: Ottawa
Cross Street: In between - Kent Street and Lyon Street
Lot Legal Description: PT LT 25, PL 27267 , S/S SOMERSET ST AS IN NS107572 ; OTTAWA/NEPEAN

Data Source: Ottawa Real Estate Board
Brokerage: RE/MAX HALLMARK REALTY GROUP
Listed On: May 24, 2026
Listing Expires On: Aug 30, 2026
Listing Updated On: May 24, 2026