327 Somerset Street W, Ottawa Centre, ON K2P 0J8
4102 - Ottawa Centre, Ottawa Centre · Near Somerset St W & O'Connor St · View map
About this home
Luxurious restaurant / wine bar in a central location right in the heart of Somerset Village. Business asset sale only, not including trade name and not including property. Remarkably nice and fully fixtured restaurant in a heritage building offering a turnkey opportunity to start a new concept. High traffic urban location surrounded by many successful local businesses in the immediate block including Prohibition, Arlo, Trofi, Union 613 and more. The space underwent extensive renovations creating a stunning and charming atmosphere. Features include a large bar seating area, private dining room, kitchen exhaust hood in an open-style kitchen, wine display cabinet, wine cellar in basement, washrooms and storage in basement. Small patio opportunity also available at the front.
The home
- Type
- Sale of business
- Square footage
- 2899 sq ft
- Lot size
- 34.8 x 112.1 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $45,600/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Immediate
- Cross street
- Somerset St W & O'Connor St
- Neighbourhood
- 4102 - Ottawa Centre
More
- MLS® number
- X13684362
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
327 Somerset Street, Ottawa Centre, ON K2P 0J8
4102 - Ottawa Centre, Ottawa Centre · Near Somerset St W & O'Connor St
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Listing history for 327 Somerset Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 327 Somerset Street W
Answers come straight from this home’s MLS® listing.
How much is 327 Somerset Street W listed for, and what would it cost each month?
327 Somerset Street W is listed for $200,000. With 20% down ($40,000), the mortgage payment would be roughly $807 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,607 a month, all in. That figure is an illustration, not a quote.
Is 327 Somerset Street W freehold or a condo, and is there a monthly fee?
327 Somerset Street W is a sale of business in 4102 - Ottawa Centre, Ottawa Centre. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 327 Somerset Street W have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 327 Somerset Street W?
327 Somerset Street W is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 327 Somerset Street W, and what is the lot size?
The lot is listed as 34.8 x 112.1 ft.
How is 327 Somerset Street W heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 327 Somerset Street W?
Property taxes are $45,600 a year (2026), or about $3,800 a month.
Where is 327 Somerset Street W?
327 Somerset Street W is in the 4102 - Ottawa Centre community of Ottawa Centre. The nearest main intersection is Somerset St W & O'Connor St. The postal code is K2P 0J8.
Is 327 Somerset Street W still for sale?
Yes. It is an active listing (MLS® X13684362). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 327 Somerset Street W asking?
Similar properties for sale nearby right now include 381 Cooper Street at $150,000, Sale of business in 4101 - Ottawa Centre at $249,999 and Sale of business in 4101 - Ottawa Centre at $250,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 327 Somerset Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 327 Somerset Street W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 4102 - Ottawa Centre, picked by style, size and price.
Sale of business$150,000381 Cooper Street, Ottawa Centre4102 - Ottawa CentreCourtesy of: SHAKER REALTY LTD.View home →
Sale of business$249,999Sale of business in 4101 - Ottawa Centre, Ottawa Centre4101 - Ottawa CentreCourtesy of: TRU REALTYView home →
Sale of business$250,000Sale of business in 4101 - Ottawa Centre, Ottawa Centre4101 - Ottawa CentreCourtesy of: COLDWELL BANKER SARAZEN REALTYView home →Courtesy of: SHAKER REALTY LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.