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  • 474 SOMERSET STREET W in Ottawa: Office for sale : MLS®# X13167240

    474 SOMERSET STREET W Ottawa K1R 5J8
    Main Photo: 474 SOMERSET STREET W in Ottawa: Office for sale : MLS®# X13167240

    474 SOMERSET STREET W Ottawa K1R 5J8

    $938,000
    Office
    Status:
    Active
    MLS® Num:
    X13167240
    Floor Area:
    2,809 sq. ft.
    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 99/100. Steps to transit, employment hubs, restaurants, parks, shopping, and downtown amenities, this location continues to attract strong tenant demand and redevelopment interest.Currently configured with 7 (seven) fully furnished mid- to long-term residential tenants (formerly office use), accompanied by 2 shared kitchens and 2 shared bathrooms. The property has undergone over $100,000 in renovations to enhance tenant appeal and maximize rental performance. Potential gross income when fully rented: $116,832/year. Generate strong existing income while maintaining the flexibility to redevelop, reposition, expand, or hold as a long-term appreciation asset.Ideal for developers, commercial investors, multi-unit buyers, and those seeking a value-add opportunity with future intensification potential. Rarely do properties combine cash flow, premium urban location, zoning flexibility, parking, and development potential in one package. Contact listing agent for financials, additional photos, and private viewing. ALL SERIOUS OFFERS WELCOME. (id:2493) More details
    Listed by RE/MAX HALLMARK REALTY GROUP
    LISTING DETAILS
    DANIEL OAKES

  • 24-26 CONCORD STREET N in Ottawa: Vacant Land for sale : MLS®# X13166556

    24-26 CONCORD STREET N Ottawa K1S 0Y2
    Main Photo: 24-26 CONCORD STREET N in Ottawa: Vacant Land for sale : MLS®# X13166556

    24-26 CONCORD STREET N Ottawa K1S 0Y2

    $849,900
    Vacant Land
    Status:
    Active
    MLS® Num:
    X13166556
    Attention Developers/Builders opportunity knocks just a short block to the Canal and Echo Drive. Lot available to develop with approximately 3100 sqft, 46 ft frontage and 66 ft depth. Prime location with many newly developed luxury townhouses, condo projects & new single homes. Zoning R4UD allows for multiple uses. On file, a property report completed by Fotenn Planning and Design with proposals to develop the property into a low-rise 3 story+ basement apartment building with 8+ units or build 2 luxury semi-detached properties with permitted Secondary dwelling Units for each. Unbeatable location and area the city has designated for intensification. Minutes to Ottawa University, LRT stations, highway, downtown, Rideau Centre and Main Street to name a few. No access to the building and sold in As-Is condition. This lot awaits the right developer/builder to bring its full potential to reality! (id:2493) More details
    Listed by ROYAL LEPAGE INTEGRITY REALTY
    LISTING DETAILS
    DANIEL OAKES

  • 24-26 CONCORD STREET N in Ottawa: Multi-family for sale : MLS®# X13166554

    24-26 CONCORD STREET N Ottawa K1S 0Y2
    Main Photo: 24-26 CONCORD STREET N in Ottawa: Multi-family for sale : MLS®# X13166554

    24-26 CONCORD STREET N Ottawa K1S 0Y2

    $849,900
    Multi-family
    Status:
    Active
    MLS® Num:
    X13166554
    Attention Developers/Builders opportunity knocks just a short block to the Canal and Echo Drive. Lot available to develop with approximately 3100 sqft, 46 ft frontage and 66 ft depth. Prime location with many newly developed luxury townhouses, condo projects & new single homes. Zoning R4UD allows for multiple uses. On file, a property report completed by Fotenn Planning and Design with proposals to develop the property into a low-rise 3 story+ basement apartment building with 8+ units or build 2 luxury semi-detached properties with permitted Secondary dwelling Units for each. Unbeatable location and area the city has designated for intensification. Minutes to Ottawa University, LRT stations, highway, downtown, Rideau Centre and Main Street to name a few. No access to the building and sold in As-Is condition. This lot awaits the right developer/builder to bring its full potential to reality! (id:2493) More details
    Listed by ROYAL LEPAGE INTEGRITY REALTY
    LISTING DETAILS
    DANIEL OAKES
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Data was last updated May 24, 2026 at 08:15 PM (UTC)
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