640 SOMERSET STREET W, Ottawa, Ontario

ID#512762 | MLS# 1326079 | Listed at $979,000.00
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Attention Investors & Developers. Great opportunity to also own the available neighbouring property. Welcome to this rare and unique detached home conveniently located in Centertown, ... READ MORE
Real Estate - Ottawa -
Lillian Legault
613-596-5353
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Description
Attention Investors & Developers. Great opportunity to also own the available neighbouring property. Welcome to this rare and unique detached home conveniently located in Centertown, Ottawa. TM Zoning; Residential/Commercial or both - Mixed Use. Currently two units with vestibule to access the upper and main floor unit. The property can be used as a 4 bedroom. All new Appliances and Much More Over ($50k) on upgrades in (2022). Stellar, clean and versatile property with lots of potential. Balcony on second floor. Dry basement. Loads of parking. According to MPAC, Site area 2883.65 ft and zoned as triplex with residence and commercial/industrial unit. Located in between Little Italy, Chinatown, Le Breton flats and walking distance to the new LRT. Roof, furnace and AC appx 2014. Main level was a restaurant and meets safety and fire codes (Buyer to verify). Offers: 24 Hrs Irrevocable. NEIGHBOURING PROPERTY ALSO AVAILABLE FOR SALE PLEASE CONTACT REAL ESTATE AGENT. (id:17126)
Special Features
  • Amenities Near By: Public Transit, Shopping
  • Appliances Included: Refrigerator, Dryer, Microwave, Stove, Washer
  • Basement Development: Unfinished
  • Basement Features: Low
  • Basement Type: Unknown (Unfinished)
  • Constructed Date: 1900
  • Fireplace Present: False
  • Flooring Type: Laminate, Tile
  • Number of Half Bathrooms: 2
  • Heating Fuel: Natural gas
  • Number of Stories: 2
  • Utility Water: Municipal water
  • Features: Balcony
  • Has Acreage: false
  • Land Amenities: Public Transit, Shopping
  • Sewer: Municipal sewage system
  • Ownership Type: Freehold
  • Parking Space Total: 3
  • Zoning: TM [2185] H(16)
Property Features (Convert Measurements to Imperial)
Property Type Residential
Building Style House
Listing Type For Sale
Property Information (Convert Measurements to Imperial)
Number of Bedrooms 4.0
Number of Bathrooms 4.0
Rooms:
Level Type Length x Width
Main level FOYER 183 ft. 9 inch x 157 ft. 6 inch
Main level Living Room 1003 ft. 11 inch x 429 ft. 9 inch
Main level Den 846 ft. 5 inch x 515 ft. 1 inch
Main level Partial Bathroom 0 ft. 0 inch x 0 ft. 0 inch
Main level Partial Bathroom 0 ft. 0 inch x 0 ft. 0 inch
Second level Living Room 912 ft. 1 inch x 508 ft. 6 inch
Second level Kitchen 341 ft. 2 inch x 2332 ft. 8 inch
Second level Bedroom 426 ft. 6 inch x 374 ft. 0 inch
Second level Bedroom 331 ft. 4 inch x 200 ft. 2 inch
Second level Full Bathroom 0 ft. 0 inch x 0 ft. 0 inch
Second level Laundry Room 0 ft. 0 inch x 0 ft. 0 inch
Seller's Comments

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Mortgage Information
Title: Standard 5 Year / 25 Year Amortization
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
5.00%  -  $48,950 2.54% 25 Years basic 5 Yr / 25 Year $4,307 $155,917
10.00%  -  $97,900 2.54% 25 Years basic 5 Yr / 25 Year $4,050 $148,224
20.00%  -  $195,800 2.54% 25 Years basic 5 Yr / 25 Year $3,530 $132,606

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