551 Somerset Street

Ottawa Centre, K1R 5J9
FOR SALE
$1,049,000
551 Somerset Street, Ottawa Centre
551 Somerset Street
551 Somerset Street
551 Somerset Street
551 Somerset Street
551 Somerset Street
551 Somerset Street
551 Somerset Street
551 Somerset Street
551 Somerset Street
551 Somerset Street
Commercial Retail
CATEGORY
2,400 Sq Ft
TOTAL AREA
X12316026
MLSID
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Property Description
Welcome to 551 Somerset Street. Timeless Charm with Modern Upgrades. Step into a building that blends the classic style and character of the past with the convenience and safety of modern construction. Fully restructured and extensively renovated in 2016, this turn-key property offers peace of mind with upgrades that meet current building and fire codes. Major Renovations Completed in 2016 Include: Full replacement of all mechanical, electrical, and plumbing systems (including underground plumbing to the City sewer) All floor joists replaced for enhanced structural integrity. Upgraded electrical systems (separately metered for two units)Installation of all new windows, doors, and roofing. Two new furnaces. Additional Features: Two new air conditioners installed in 2021, two separately metered units ideal for investment. Architectural drawings/plans available upon request. Perfectly located across from Dundonald Park, this property offers a blend of lifestyle and investment opportunity in one of the city's most sought-after neighbourhoods. Don't miss your chance to own this beautifully updated and well-located gem. A true turn-key opportunity in the heart of the city.
Property Details
Address
551 Somerset Street
Postal Code
K1R 5J9
Property Type
Commercial Retail, Commercial Retail
Days On Market
23
Use
Retail
Zoning
TM14
Lot Size
27' x 78'
Total Area
2,400 Sq Ft
Retail Area
1,800 Sq Ft
Taxes
$21,487 (2025
Heat Type
Gas Forced Air Open
Water
Municipal
Parking Spaces
4
Garage Type
None
Listing contracted with Royal Lepage Team Realty
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