• 969 Pine Street Grand Rapids, MI 49503
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314 Somerset Street E, Lower Town - Sandy Hill, ON K1N 6W3

314 Somerset Street E, Lower Town - Sandy Hill, ON K1N 6W3

Lower Town - Sandy Hill, ON, K1N 6W3 · 4004 - Sandy Hill

— Sq Ft
Investment Type
X13242440 MLS#

About this property

Solid six units all brick building. 5-2 bed and 1-1 bed. Fully rented, Tenants have been there for a while. Present Zoning R4U (480) could be changing to CMI (480) H20. Income could be a lot higher. Grossing $107,076, Expenses $35,371, Net $73,705. Most of the windows (17 Windows) replaced 7 years ago. Hot Water Tanks owned. Tenants pay their own Hydro. 3+ parking spots, on site laundry, 4 balconies, corner lot 69' x 62'. Boiler 2010, Roof 8 years old appx. In the heart of Sandy Hill. Very desirable rental market neighbourhood walking distance to Ottawa University.

Features & Amenities

  • Garage: Outside/Surface
  • Cooling: No
  • Heat Type: Gas Forced Air Closed

Property Details

Property Type Commercial
Property Sub-Type Investment
Garage Outside/Surface
Heat Type Gas Forced Air Closed
Cooling No
Annual Tax $12,737
Tax Year 2025

Building & Construction

Building Area Total
3520

Heating & Cooling

Heat Type
Gas Forced Air Closed
Cooling
No

Parking & Garage

Garage Type
Outside/Surface

Lot & Land

Lot Size Units
Feet
Lot Depth
62.00
Lot Width
69.00

Financial & Tax

Tax Annual Amount
$12,737
Tax Year
2025
Possession Type
Flexible
Possession Details
TBA

Utilities & Services

Utilities
Yes

Additional Details

Occupant Type
Tenant
County Or Parish
Ottawa
Cross Street
Somerset St. E and Chapel St
Directions
Somerset St. E and Chapel St
Showing Requirements
Showing System
Listing courtesy of COLDWELL BANKER SARAZEN REALTY
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Contact Info

  • +1-(314) 892-2600
  • Financialservice@mail.com
  • 969 Pine Street Grand Rapids, MI 49503

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