Fabulous opportunity for the right buyer. Ideally located at the corner of Percy Street and Somerset Street West, this fourplex double offers excellent potential for investors, developers, or owner-occupiers seeking a prime central Ottawa location. Flexible CM1 ZONING offers a wide range of Residential and COMMERCIAL uses, creating an outstanding long-term investment. This property features four residential units, including two 2-bedroom units and two 1-bedroom units. Units in 606 are currently vacant, offering immediate occupancy or rental potential, while Units in 604 are tenanted. Tenants have indicated they are willing to vacate with 90 days notice if required. Important updates include a new furnace in Unit 604 (2025) and a new furnace in Unit 606 (2024). Two hot water tanks are rented, while one hot water tank is owned. Tenants pay for hydro. Excellent location close to downtown Ottawa, public transit, restaurants, shops, and major amenities. Income and Expenses for 2025: Gross Income: $27,220.00; Expenses: Insurance: $1,090.80; Property Taxes: $7,167.20; Utilities: $6,661.12 (id:2493)
Data was last updated May 21, 2026 at 06:15 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$987,400
Min list price:
$795,000
Max list price:
$2,450,000
Avg days on market:
113
Min days on market:
1
Max days on market:
136
Avg price per sq.ft.:
$272.22
These statistics are generated based on the current listing's property type
and located in
4103 - Ottawa Centre. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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