316 SOMERSET Street E, Lower Town - Sandy Hill, ON K1N 6W3
Lower Town - Sandy Hill, ON, K1N 6W3 · 4004 - Sandy Hill
About this property
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
Features & Amenities
- Basement: Full, Finished
- Garage: Other
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 3-Storey
- Construction: Other
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Fourplex |
| Architectural Style | 3-Storey |
| Bedrooms | 16 |
| Basement | Full, Finished |
| Garage | Other |
| Parking Spaces | 2 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $22,710 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- None
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 3-Storey
- Construction Materials
- Other
- Foundation Details
- Concrete
- Roof
- Flat
- Basement
- Full, Finished
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Other
- Parking Spaces
- 2
- Parking Total
- 2.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 97.00
- Lot Width
- 39.01
- Lot Irregularities
- 0
- Frontage Length
- 11.89
Community & Neighborhood
- Property Features
- Public Transit, Park
Financial & Tax
- Tax Annual Amount
- $22,710
- Tax Year
- 2026
- Possession Type
- Flexible
- Possession Details
- TBD
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 0
- Rooms Below Grade
- 0
- Kitchens Above Grade
- 0
- Kitchens Total
- 0
- Bedrooms Above Grade
- 12
- Bedrooms Below Grade
- 4
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Ottawa
- Cross Street
- Blackburn Ave.
- Directions
- From King Edward East on Somerset. Between Blackburn and Chapel Ave.
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
316 SOMERSET Street E, Lower Town - Sandy Hill, ON K1N 6W3, Lower Town - Sandy Hill, ON, K1N 6W3