609-615 Somerset Street W, Ottawa Centre, ON K1R 5K3
4102 - Ottawa Centre, Ottawa Centre · Near Somerset St W and Percy St · View map
About this home
Well-located mixed-use investment in the heart of one of Ottawa's most established heritage neighbourhoods! Positioned on a prominent corner lot, this property is located within a bustling retail node surrounded by a balanced mix of national brand retailers and strong independent operators, supporting consistent pedestrian activity and stable long-term occupancy. The building includes three ground-floor retail units with strong visibility along Somerset Street, supported by a 24-hour adjusted traffic count of 9,113. The second floor comprises five 1-bedroom apartments, four of which have been recently upgraded with new kitchens and flooring. Recent capital improvements - including a 4-year-old boiler, 12-year-old roof, and 1-year-old windows and sills - provide operational stability and reduce near-term capital requirements. Situated on a 3,735 sq. ft. lot with potential parking accessed from Percy Street, the property benefits from H1[2185] Hub Zone zoning and a 16.5-metre height allowance, offering flexibility for future intensification. Current well-established retail tenants - Sudsey's Laundromat, Vapingstory & Smoke, and La Tiendita Latin Market - provide steady daily traffic and reliable cash flow. The location is a core strength: a heritage neighbourhood within close walking distance to the central business district, major employment centers, rapid transit, and immediate access to Highway 417, ensuring efficient connectivity across the city. Overall, 609-615 Somerset Street West presents a stable, income-producing urban asset with strong fundamentals, reliable tenancy, and clear long-term optionality supported by zoning, visibility, and sustained neighbourhood demand.
The home
- Type
- Commercial retail
- Square footage
- 6095 sq ft
- Lot size
- 67 x 56 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Water Radiators
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $26,662/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Somerset St W and Percy St
- Neighbourhood
- 4102 - Ottawa Centre
More
- MLS® number
- X13868736
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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.
609-615 Somerset Street, Ottawa Centre, ON K1R 5K3
4102 - Ottawa Centre, Ottawa Centre · Near Somerset St W and Percy St
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Listing history for 609-615 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 609-615 Somerset Street W
Answers come straight from this home’s MLS® listing.
How much is 609-615 Somerset Street W listed for, and what would it cost each month?
609-615 Somerset Street W is listed for $2,600,000. With 20% down ($520,000), the mortgage payment would be roughly $10,488 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $12,710 a month, all in. That figure is an illustration, not a quote.
Is 609-615 Somerset Street W freehold or a condo, and is there a monthly fee?
609-615 Somerset Street W is a commercial retail 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 609-615 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 609-615 Somerset Street W?
609-615 Somerset Street W is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 609-615 Somerset Street W, and what is the lot size?
The lot is listed as 67 x 56 ft.
How is 609-615 Somerset Street W heated and cooled?
Heating is water radiators. The listing does not show air conditioning.
What are the property taxes for 609-615 Somerset Street W?
Property taxes are $26,662 a year (2026), or about $2,222 a month.
Where is 609-615 Somerset Street W?
609-615 Somerset Street W is in the 4102 - Ottawa Centre community of Ottawa Centre. The nearest main intersection is Somerset St W and Percy St. The postal code is K1R 5K3.
Is 609-615 Somerset Street W still for sale?
Yes. It is an active listing (MLS® X13868736). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 609-615 Somerset Street W asking?
Similar properties for sale nearby right now include 307 Gilmour Street at $2,500,000, 330 Kent Street at $2,495,000 and 342 Frank Street at $2,395,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 609-615 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 609-615 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.
Office$2,500,000307 Gilmour Street, Ottawa Centre3 bath · 4103 - Ottawa CentreCourtesy of: ROYAL LEPAGE INTEGRITY REALTYView home →
Commercial retail$2,495,000330 Kent Street, Ottawa Centre4103 - Ottawa CentreCourtesy of: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICESView home →
Investment$2,395,000342 Frank Street, Ottawa Centre4103 - Ottawa CentreCourtesy of: ROYAL LEPAGE PERFORMANCE REALTYView home →Courtesy of: CAPITAL COMMERCIAL INVESTMENT CORP.
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.