ON > Lower Town - Sandy Hill > 4004 - Sandy Hill
Lower Town - Sandy Hill, ON K1N 6V7,279 Somerset ST E
Lower Town - Sandy Hill, ON K1N 6V7,279 Somerset ST E
Lower Town - Sandy Hill, ON K1N 6V7,279 Somerset ST E
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Listing Booth

Listing Booth

+1(613) 707-9804
$1,219,000
Est. payment /mo
7 Beds
4 Baths
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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision 4004 - Sandy Hill

MLS Listing ID X12486659

Style 3-Storey

Bedrooms 7

Annual Tax Amount $9,755

Tax Year 2025

Property Sub-Type Triplex

Property Description

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!

Location

Province ON

County Ottawa

Community 4004 - Sandy Hill

Area Ottawa

Rooms

Family Room No

Basement Full, Finished, Apartment

Kitchen 3

Interior

Interior Features Water Heater Owned

Cooling Central Air

Inclusions 3 Stoves, 2 Microwave/Hood fans, 1 Hood Fan, 1 Microwave, 1 Dishwasher, 3 Fridges, 3 Washers, 3 Dryers

Exterior

Parking Features Available

Pool None

Roof Type Asphalt Shingle

Lot Frontage 41.0

Lot Depth 72.0

Total Parking Spaces 3

Building

Foundation Concrete

Others

Senior Community No

ParcelsYN No

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Listed by ROYAL LEPAGE INTEGRITY REALTY

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Listing Booth

Listing Booth

+1(613) 707-9804

Realtor | License ID: 4757672

Realtor License ID: 4757672

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279 Somerset ST E