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Apartments For Sale • 5,500 SF
| 455-457 Somerset Street W is a turnkey six-unit multifamily investment in the heart of Ottawa’s Centretown, in its high-demand rental corridor. |
| Strong financial performance with a $125,496.90 NOI and an attractive 5.60% cap rate, delivering stable in-place cash flow with additional upside. |
| One strategically vacant unit offers immediate value-add potential through renovation and increased rental income, an opportunity to increase returns. |
| Prime location near shops, restaurants, the University of Ottawa, government and tech employers, and transit ensures consistent rental demand. |
| Spacious, thoughtfully designed layouts across all units support long-term retention, appealing to young professionals and public-sector employees. |
| Ideal opportunity for portfolio growth or entry into Ottawa’s multi-residential market, combining durable cash flow with meaningful upside potential. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Ottawa (Ottawa - Montréal - VIA Rail, Ottawa - Québec - VIA Rail, Ottawa - Toronto - VIA Rail, Québec - Fallowfield - VIA Rail) | 7 min | - | 3.0 mi |
| Transit/Subway | Drive | Walk | Distance |
| Lyon (Tunney's Pasture -Blair - OC Transpo) | 1 min | 9 min | 0.5 mi |
| Parliament (Tunney's Pasture -Blair - OC Transpo) | 1 min | 13 min | 0.6 mi |
| Pimisi (Tunney's Pasture -Blair - OC Transpo) | 4 min | 18 min | 1.0 mi |
| Uottawa (Tunney's Pasture -Blair - OC Transpo) | 5 min | 18 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Ottawa International | 18 min | - | 8.3 mi |
Adam Pearce
SLEEPWELL REALTY GROUP LTD
Adam Pearce
SLEEPWELL REALTY GROUP LTD
