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$880,000
Ontario,Ottawa
For Sale Active
638-640 SOMERSET STREET W, Ottawa, Ontario K1R5K4
  • 2,200 Sqft
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Basic Details
Description

Prime mixed-use opportunity in the heart of Centretown. This detached 2-storey property offers flexible TM zoning allowing for residential, commercial, or mixed-use, making it ideal for investors, business owners, or live/work scenarios. Currently configured as two self-contained units and a bonus accessory unit with a separate vestibule entrance, with the option to convert to a 4-bedroom residential layout.Positioned on a

110 ft deep lot with ample on-site parking, this well-maintained building is clean, functional, and full of upside. The main level was previously operated as a restaurant and is set up to meet fire and safety requirements (buyer to verify), while the upper unit features a private balcony. The property also includes a dry basement, adding usable storage or future potential.Recent updates include over $80,000 in upgrades and major components such as roof, furnace, and A/C (approx. 2013-2014). According to MPAC, the property is recognized as a triplex with residential and commercial/industrial use, providing strong long-term flexibility and redevelopment potential.Unbeatable location just steps to Little Italy, Chinatown, LeBreton Flats, and within walking distance to the LRT, offering excellent access to transit, amenities, and future growth.Investor bonus: opportunity to acquire the neighbouring property for a potential land assembly.A rare, versatile asset in a high-demand urban corridor. Great for an investment now, maybe a owner-operated unit in the future! (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X12956190
  • Price: $880,000
  • Square Footage: 2,200 Sqft
  • Status: Active
  • Property Sub Type: Retail
  • Office Key: 283783
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, Ottawa, K1R5K4
  • Street: Somerset
  • Street Number: 638-640
  • Street Suffix: Street
  • Longitude: W76° 17' 42.9''
  • Latitude: N45° 24' 42.4''
  • Street Dir Suffix: West
Additional Information
  • Water Source:
  • Business Type: Service
  • Lot Size Dimensions: Bldg=26.21 x 110.01 FT
Financial
  • Tax Annual Amount: 5935.56
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Listing updated: 2026-04-17 13:05:50
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Listing Information
  • List Agent Key: 1586555
  • List Office Key: 283783
  • Modification Timestamp: 2026-04-16T16:15:32Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2026-04-16T16:05:28Z
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Listing updated: 2026-04-17 13:05:51
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