279 SOMERSET STREET EAST

Ottawa, , K1N6V7, Canada

$1,219,000

Exceptional Triplex in the Heart of Sandy Hill! A rare opportunity to own a fully leased, income-generating property in one of Ottawa's most desirable downtown neighbourhoods. This 3-storey triplex offers modern comfort, strong rental returns, and unbeatable location-perfect for investors or owner-occupiers alike. Each unit is self-contained with its own kitchen, full bathroom(s), and in-unit laundry, ensuring convenience and privacy for all tenants. Unit 1 (Main + Lower): 5-bedroom layout (3 on main, 2 below) with 2 full baths, shared kitchen and laundry, currently rented for $4,150/month. Unit 2 (Second Floor): Bright 2-bedroom + den apartment with full kitchen and laundry, ideal for professionals or students, rented for $1,800/month. Unit 3 (Third Floor): Spacious 2-bedroom unit featuring its own laundry and kitchen, bringing in $1,850/month including parking. Recent updates include a new A/C unit and owned hot water tank (2023). Three on-site parking spaces add further appeal. The property generates an impressive annual gross income of $93,600, with net income of $74,530 (after expenses) - a truly turn-key investment. Landlord pays for the utilities. Most units are available fully furnished, offering flexible options for short-term or long-term rentals. With steady leases signed within the past year and its proximity to Ottawa U, downtown amenities, and the Rideau Canal, this triplex combines strong cash flow with long-term growth potential. A solid investment in a prime downtown location. Don't miss it!

EXTRAS: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Water Heater

Virtual Tour: https://youtube.com/shorts/9eSevuK2VDg?feature=share

Last updated on : Tuesday 28th of October 2025 06:05:38 PM

ADDRESS

Street : 279 SOMERSET STREET EAST

City : Ottawa

Country : Canada

Postal Code : K1N6V7

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PROPERTY SUMMARY

Property ID : X12486659

Building Type : Triplex

Property Type : Multi-family

Bedrooms : 7

Bathrooms : 4

Parking : 3

Parking Type: No Garage

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