495 Somerset St W

Ottawa Centre | 4102 - Ottawa Centre | K1R 5J7
  • 2000.0 sqft
  • 0 gar

$850,000

Est. Mtg $2,882 /mo
  • Days on market

    63

  • Status

    A

Listing Broker ROYAL LEPAGE PERFORMANCE REALTY
Since listed: 1 views

Home details

MLS #:

X11915584

Property type:
Commercial/Retail
Style:
Taxes:
$20,500
Possession:
TBD
Condo Fee:
Lot Size:
32.4 X 65.2
Zoning:
TM
Use:
Heat:
Other

Description


495 Somerset St W, , Ottawa Centre, Ontario is a Commercial/Retail property in Ottawa Centre and in the 4102 - Ottawa Centre community in the K1R 5J7 postal code


Investment opportunity with minimal hassle. Offers a consistent and appealing annual return on investment, boasting a cap rate of 5.6% or higher. Prime downtown location. This property has served as a well-appointed bar/restaurant establishment for nearly four decades. Boasting 9-foot ceilings, it includes dining areas on multiple floors and a stylish bar lounge. The lower level is equipped with a walk-in cooler. A dependable tenant with over a decade of experience in running the restaurant occupies the premises. Zoned TM. A valuable addition to your enduring investment portfolio..

Extras

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Payment calculator

$4590 monthly. In association with: TD Bank
%
  • Principal and Interest
    2882 /mo
  • Property Taxes
    $1708 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Palma Dametto, Realtor

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