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784 Somerset Street Ottawa, Ontario K1R 6R1

$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:37742)

Property Details

MLS® Number 1259625
Property Type Retail
Neigbourhood West Centre Town
Parking Space Total 6

Building

Constructed Date 1960
Fireplace Present No

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/23592454/784-somerset-street-ottawa-west-centre-town

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