279 SOMERSET STREET E, Ottawa
Exceptional Triplex in the Heart of Sandy Hill! A rare opportunity to own a fully leased, income-generating property in one of Ottawa's most desirable downtown neighbourhoods. This 3-storey triplex offers modern comfort, strong rental returns, and unbeatable location-perfect for investors or owner-occupiers alike. Each unit is self-contained with its own kitchen, full bathroom(s), and in-unit laundry, ensuring convenience and privacy for all tenants. Unit 1 (Main + Lower): 5-bedroom layout (3 on main, 2 below) with 2 full baths, shared kitchen and laundry, currently rented for $4,150/month. Unit 2 (Second Floor): Bright 2-bedroom + den apartment with full kitchen and laundry, ideal for professionals or students, rented for $1,800/month. Unit 3 (Third Floor): Spacious 2-bedroom unit featuring its own laundry and kitchen, bringing in $1,850/month including parking. Recent updates include a new A/C unit and owned hot water tank (2023). Three on-site parking spaces add further appeal. The property generates an impressive annual gross income of $93,600, with net income of $74,530 (after expenses) - a truly turn-key investment. Landlord pays for the utilities. Most units are available fully furnished, offering flexible options for short-term or long-term rentals. With steady leases signed within the past year and its proximity to Ottawa U, downtown amenities, and the Rideau Canal, this triplex combines strong cash flow with long-term growth potential. A solid investment in a prime downtown location. Don't miss it! (id:25961)
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Rooms
| Level | Type | Dimensions |
|---|---|---|
| Second Level | Kitchen | 3.49 m x 3.91 m |
| Second Level | Bedroom | 2.24 m x 3.52 m |
| Second Level | Bedroom | 3.8 m x 3.59 m |
| Third Level | Bedroom | 4.11 m x 3.87 m |
| Third Level | Bedroom | 5.1 m x 3.8 m |
| Third Level | Kitchen | 3.32 m x 3.48 m |
| Basement | Bedroom | 3.2 m x 4.84 m |
| Basement | Bedroom | 2.99 m x 3.67 m |
| Main Level | Kitchen | 3.35 m x 4.05 m |
| Main Level | Bedroom | 3.13 m x 3.91 m |
| Main Level | Bedroom | 2.57 m x 3.72 m |
| Main Level | Bedroom | 3.8 m x 3.91 m |
Details
- Parking Spaces: 3
- Transaction: For sale
Building
- Appliances: Water Heater, Dishwasher, Dryer, Hood Fan, Microwave, Stove, Washer, Refrigerator
- BasementType: Full, N/A (Finished), N/A
- Basement Development: Finished
- Basement Features: Apartment in basement
- Bedrooms Main Level: 7
- Cooling: Central air conditioning
- Exterior Finish: Brick
- Fireplace Present: False
- Foundation: Concrete
- Bathrooms (Total): 4
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 2500 - 3000 sqft
- Stories Total: 3
- Type: Triplex
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Depth: 72 ft
- Size Frontage: 41 ft
- Size Irregular: 41 x 72 FT
This property for sale is located at 279 SOMERSET STREET E in Ottawa. It was last modified on April 24th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Ottawa properties for sale.
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