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$ 799,900
Est. payment | /mo
6 Beds
4 Baths
$ 799,900
Est. payment | /mo
6 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 4103 - Ottawa Centre
MLS Listing ID X13155804
Style 2-Storey
Bedrooms 6
Annual Tax Amount $7,167
Tax Year 2025
Property Sub-Type Fourplex
Property Description
Fabulous opportunity for the right buyer. Ideally located at the corner of Percy Street and Somerset Street West, this fourplex double offers excellent potential for investors, developers, or owner-occupiers seeking a prime central Ottawa location. Flexible CM1 ZONING offers a wide range of Residential and COMMERCIAL uses, creating an outstanding long-term investment. This property features four residential units, including two 2-bedroom units and two 1-bedroom units. Units in 606 are currently vacant, offering immediate occupancy or rental potential, while Units in 604 are tenanted. Tenants have indicated they are willing to vacate with 90 days notice if required. Important updates include a new furnace in Unit 604 (2025) and a new furnace in Unit 606 (2024). Two hot water tanks are rented, while one hot water tank is owned. Tenants pay for hydro. Excellent location close to downtown Ottawa, public transit, restaurants, shops, and major amenities. Income and Expenses for 2025: Gross Income: $27,220.00; Expenses: Insurance: $1,090.80; Property Taxes: $7,167.20; Utilities: $6,661.12
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room No
Basement Full, Unfinished
Kitchen 4
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Flat
Lot Frontage 37.34
Lot Depth 59.92
Total Parking Spaces 1
Building
Foundation Stone
Others
ParcelsYN No
Listed by ROYAL LEPAGE INTEGRITY REALTY
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