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$ 1,049,000
Est. payment | /mo
2,400 SqFt
$ 1,049,000
Est. payment | /mo
2,400 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $437
Subdivision 4102 - Ottawa Centre
MLS Listing ID X12316026
Annual Tax Amount $21,487
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
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.
Location
Province ON
County Ottawa
Community 4102 - Ottawa Centre
Area Ottawa
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 26.84
Lot Depth 77.7
Others
Security Features No
Listed by ROYAL LEPAGE TEAM REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "