640 Somerset Street W, Ottawa Centre, ON K1R 5K4
4103 - Ottawa Centre, Ottawa Centre · Near Bronson · View map
About this home
Prime mixed-use investment opportunity in the heart of Ottawa! Welcome to 640 Somerset Street West, ideally situated along a vibrant and highly desirable commercial corridor offering excellent street exposure and strong foot traffic potential. Surrounded by popular restaurants, cafés, shops, and established businesses, this exceptional location is just minutes from Chinatown, Little Italy, downtown Ottawa, public transit, and numerous amenities. The main floor features a versatile commercial space offering excellent potential for a variety of business uses. The upper-level residential unit offers an opportunity for owner occupancy or additional rental income. An additional accessory unit at the rear, complete with its own full bathroom, provides added flexibility and potential. This property offers an attractive combination of commercial visibility, residential accommodations, and investment versatility in one of Ottawa's most dynamic urban neighbourhoods. Whether you're an investor, business owner, or entrepreneur looking to establish a presence in a thriving location, this is an opportunity not to be missed!
The home
- Type
- Commercial retail
- Square footage
- 1500 sq ft
- Bathrooms
- 5
- Lot size
- 25.9 x 110 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
- $8,432/yr
- Tax year
- 2026
- Occupancy
- Partial
- Possession
- IMMED -FLEX
- Cross street
- Bronson
- Neighbourhood
- 4103 - Ottawa Centre
More
- MLS® number
- X14150460
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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.
640 Somerset Street, Ottawa Centre, ON K1R 5K4
4103 - Ottawa Centre, Ottawa Centre · Near Bronson
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Listing history for 640 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 640 Somerset Street W
Answers come straight from this home’s MLS® listing.
How much is 640 Somerset Street W listed for, and what would it cost each month?
640 Somerset Street W is listed for $639,900. With 20% down ($127,980), the mortgage payment would be roughly $2,581 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,284 a month, all in. That figure is an illustration, not a quote.
Is 640 Somerset Street W freehold or a condo, and is there a monthly fee?
640 Somerset Street W is a commercial retail in 4103 - 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 640 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 640 Somerset Street W?
640 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 640 Somerset Street W, and what is the lot size?
The lot is listed as 25.9 x 110 ft.
How is 640 Somerset Street W heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 640 Somerset Street W?
Property taxes are $8,432 a year (2026), or about $703 a month.
Where is 640 Somerset Street W?
640 Somerset Street W is in the 4103 - Ottawa Centre community of Ottawa Centre. The nearest main intersection is Bronson. The postal code is K1R 5K4.
Is 640 Somerset Street W still for sale?
Yes. It is an active listing (MLS® X14150460). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 640 Somerset Street W asking?
Similar properties for sale nearby right now include 498 Gladstone Avenue at $749,900 (4 bed), 1-37 - 160 George St Street N at $598,900 and 205 Bank Street N at $499,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 640 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 640 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 4103 - Ottawa Centre, picked by style, size and price.
Investment$749,900498 Gladstone Avenue, Ottawa Centre4 bed · 2 bath · 4103 - Ottawa CentreCourtesy of: ROYAL LEPAGE TEAM REALTYView home →
Office$598,9001-37 - 160 George St Street N, Ottawa Centre4101 - Ottawa CentreCourtesy of: REMAX BOARDWALK REALTYView home →
Sale of business$499,000205 Bank Street N, Ottawa Centre4102 - Ottawa CentreCourtesy of: U REALTY GROUP INC.View home →Courtesy of: ROYAL LEPAGE INTEGRITY REALTY
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.