279 SOMERSET STREET E - Photo 1 of 36, Ottawa, Ontario
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$1,219,000

279 SOMERSET STREET E — Ottawa, Ontario

K1N6V7

7Beds
4Baths
3Parking

About This Property

Exceptional Triplex in the Heart of Sandy Hill! A rare opportunity to own a fully leased, income-generating property in one of Ottawa's most desirable downtown neighbourhoods. This 3-storey triplex offers modern comfort, strong rental returns, and unbeatable location-perfect for investors or owner-occupiers alike. Each unit is self-contained with its own kitchen, full bathroom(s), and in-unit laundry, ensuring convenience and privacy for all tenants. Unit 1 (Main + Lower): 5-bedroom layout (3 on main, 2 below) with 2 full baths, shared kitchen and laundry, currently rented for $4,150/month. Unit 2 (Second Floor): Bright 2-bedroom + den apartment with full kitchen and laundry, ideal for professionals or students, rented for $1,800/month. Unit 3 (Third Floor): Spacious 2-bedroom unit featuring its own laundry and kitchen, bringing in $1,850/month including parking. Recent updates include a new A/C unit and owned hot water tank (2023). Three on-site parking spaces add further appeal. The property generates an impressive annual gross income of $93,600, with net income of $74,530 (after expenses) - a truly turn-key investment. Landlord pays for the utilities. Most units are available fully furnished, offering flexible options for short-term or long-term rentals. With steady leases signed within the past year and its proximity to Ottawa U, downtown amenities, and the Rideau Canal, this triplex combines strong cash flow with long-term growth potential. A solid investment in a prime downtown location. Don't miss it! (id:63357)

Property Location

Property Details

Property Type
Multi-Unit
Bedrooms
7
Bathrooms
4
Stories
3.0
Status
Active

Location & Neighborhood

What's nearby 279 SOMERSET STREET E

Lifestyle Summary

Nestled in the heart of Ottawa, 279 Somerset Street East offers a lifestyle defined by convenience and connectivity. With Somerset E / Sweetland bus stops just steps away, your daily commute becomes effortless. Imagine starting your day with a quick cup of coffee from Starbucks, a mere five-minute stroll down the street, before hopping on the bus to work or school. Whether heading to downtown for business or exploring the city’s cultural hotspots, your transit options are abundant and efficient from this prime location. For families, the nearby educational institutions provide an ideal environment for growing minds. Just a four-minute walk takes you to École élémentaire publique Francojeunesse, while Bettye Hyde Cooperative Early Learning Centre is equally close, fostering a sense of community among parents and children alike. As your kids grow, Viscount Alexander Public School and Lisgar Collegiate Institute are both within a comfortable walking distance, ensuring that quality education is always within reach. Nature enthusiasts will find their haven with several parks just around the corner, encouraging outdoor activities and relaxation. Annie Pootoogook Park, only a two-minute walk away, invites morning jogs or leisurely strolls with your furry friends. For family outings, St. Germain Park and Sir Wilfrid Laurier Park, both six minutes away, offer ample green space for picnics, playdates, and weekend sports. When hunger strikes, the culinary scene around 279 Somerset Street East is rich and varied. Savor delicious dishes at In's Kitchen or indulge your craving for comfort food at No Forks Given, both easily accessible within a four-minute walk. If you’re in the mood for something quick, you can grab a bite at Tahini's or Pizza Studio, just five minutes from home. This property not only offers a comfortable abode but also fosters a vibrant lifestyle filled with delightful daily routines and memorable experiences.

Parks & Recreation

Transit Access

Local Amenities

Dining

Health

POI data updated recently

Ottawa Market Snapshot

2,891

Active Listings

$663K

Median Price

0

Avg Days on Market

Last updated: Feb 12, 2026

Listed by

ROYAL LEPAGE INTEGRITY REALTY

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$1,219,000