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455 Somerset St W
Ottawa, ON K1R 5J7 Downtown

$1,637,942 USD

Apartments For Sale  •  5,500 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,500 SF
  • Year Built 1955
88 Transit Score
99 Walk Score

Highlights

Turnkey 6-unit investment property located at 455/457 Somerset Street West in the heart of Ottawa’s vibrant Centretown.
Strong financial performance with a $122,631.90 NOI and an attractive 5.47% cap rate.
One strategically vacant unit offers immediate value-add potential through renovation and increased rental income.
Spacious, thoughtfully designed layouts across all six units support long-term tenant satisfaction and retention.
Prime location steps to shops, restaurants, universities, and transit ensures consistent rental demand.
Ideal opportunity for portfolio growth or entry into Ottawa’s multi-residential market with upside to achieve market rents.

Amenities

  • Balcony

Public Transportation

Commuter RailDriveWalkDistance
8 min - 3.1 mi
AirportDriveWalkDistance
Ottawa International 16 min - 8.0 mi
Adam Pearce 855-789-5562 SLEEPWELL REALTY GROUP LTD
Adam Pearce 855-789-5562 SLEEPWELL REALTY GROUP LTD