316 Somerset Street E
Ottawa (Sandy Hill), ON K1N 6W3
- —Bedrooms
- —Bathrooms
- 2Parking
- < 700Sq Ft
- $22,710Tax
- 39×97 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 316 Somerset Street E, Ottawa, Sandy Hill
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 316 Somerset Street E, Ottawa, Sandy Hill
Summarized Description
- Prime mixed-use asset in Sandy Hill
- Four spacious four-bedroom residential units
- Ground-floor commercial space included
- Separate hydro meters for each unit
- In-suite laundry and stainless steel appliances
- Central location near shops and transit
- Strong tenant appeal with multiple revenue streams
- Net income projected at $131,694.36
Prime mixed-use asset in sought-after Sandy Hill. Offering four spacious four-bedroom residential units and a ground-floor commercial space, this income-producing property combines strong tenant appeal with the flexibility of multiple revenue streams. Each unit features separate hydro meters, in-suite laundry, stainless steel appliances, air conditioning, and bright contemporary living spaces. Six covered bicycle spaces enhance convenience, while the central location-steps to shops, restaurants, schools, and transit-ensures enduring rental demand and long-term investment potential. Net Income $131,694.36/2025
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $22,710
- Land Transfer Tax Fee
- $58,973
- Basement Type
- Full, Finished
Interior Features
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Public Transit, Park
Building
- Building Type
- Multiplex
- Building Style
- 3-Storey
Construction
- Exterior Finish
- Other
- Roof
- Flat
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 39.01 ft
- Lot Depth
- 97.00 ft
Inclusions
- Inclusions
- 4 x fridges, 4 x stoves, 4 x washers, 4 x dryers
Exclusions
- Exclusions
- Tenants Belongings
Parking & Garages
- Garage Type
- Other
- Garage Spaces
- 0
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Bedrooms
- 12 + 4
Washrooms
- —-piece
- Municipality
- Ottawa
- Neighbourhood
- Sandy Hill
- Main cross streets
- Blackburn Ave.
- Zoning
- Residential
- Directions
- From King Edward East on Somerset. Between Blackburn and Chapel Ave.
- MLS® number
- X13433890
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-06-10
- Updated on
- 2026-06-16
- Days on market
- 134 days
- Possession type
- Flexible
- Co-op commission
- 2
- Seller
- Listed by
- eXp Realty
Home Market Value
Current home valuation for 316 Somerset Street E, Ottawa, Sandy Hill, Ottawa, ON. Listed for $2,899,900
HOMEH Estimate
—
Estimated Sales Range
—
HOMEH Estimate for 316 Somerset Street E, Ottawa, Sandy Hill
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$579,980
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $2,319,920 | $2,174,925 | $2,029,930 | $1,884,935 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $11,327monthly | $10,619monthly | $9,911monthly | $9,203monthly |
Land Transfer Tax
$58,973
$58,973
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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