788 Somerset Street Ottawa, Ontario K1R 6R2
$5,000,000
Investment/ Development Opportunity. 784 to 792 Somerset St W and 12 and 14 Lebreton St N. Mixed commercial and residential properties: 4 retail spaces (restaurants), 6 Apartments (1-2 bedroom apartment and 5-1 bedroom apartments) and 16 rooms rentals and approx 15 car parking. Lot: 784 to 792 Somerset St 87.66 x 90.94 Feet Irregular, and 12&14 Lebreton St 86.50 x 156.06 Feet Irregular, total lot area 18871 Sq Ft.The two lots from Somerset St and Lebreton St joins at the back.The total gross income is approx $396,000.00, the total expenses approx $80,000.00, the net income approx $316,000.00. Vendor may take back 1st mortgage with approx 15-20% down payment, terms to be negotiated. https://youtu.be/1oaXZp7N3II (id:25350)
Property Details
| MLS® Number | 1259625 |
| Property Type | Retail |
| Neigbourhood | West Centre Town |
| Parking Space Total | 6 |
Building
| Constructed Date | 1960 |
Land
| Acreage | No |
| Size Depth | 90 Ft ,11 In |
| Size Frontage | 87 Ft ,8 In |
| Size Irregular | 87.66 Ft X 90.94 Ft (irregular Lot) |
| Size Total Text | 87.66 Ft X 90.94 Ft (irregular Lot) |
| Zoning Description | Tm(112)(h 16)&r4t |
https://www.realtor.ca/real-estate/23592454/788-somerset-street-ottawa-west-centre-town
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Contact us for more information
Jeff Matheson
Salesperson
www.jeffmatheson.exprealty.com
https://www.facebook.com/jeffmathesonexprealty
343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4
(866) 530-7737
(647) 849-3180
www.exprealty.ca
Steve Gabellini
Broker
www.stevegabellini.exprealty.com
https://www.facebook.com/steve.gabellini.5
https://twitter.com/exprealtyottawa
343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4
(866) 530-7737
(647) 849-3180
www.exprealty.ca
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September 02 2021 03:10:15
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