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Prime Investment 3 Properties Offered at $1,925,000 CAD in Ottawa, ON
Investment Highlights
- Rare opportunity to acquire three contiguous properties in Ottawa’s bustling Chinatown district.
- Includes a residential 4-plex, an active retail business, and an operating restaurant for immediate income.
- Combined lot size of 11,440 SF with TM zoning, allowing flexible mixed-use and redevelopment potential.
- High-traffic location minutes from downtown and transit, ideal for long-term investment or intensification.
Executive Summary
An exceptional opportunity to own a rare package of three properties that are sold together in one of Ottawa's most vibrant and high traffic neighbourhoods. 622 Somerset is a residential 4 plex, 628 is an ongoing retail business and 634 Somerset is an ongoing restaurant. Phase 2 environment in file, and a copy upon receiving an offer. Zoning is TM (Traditional Mainstreet) offering flexible mixed use potential. Total lot size is 11,440 SF. Prime site for future intensification. High pedestrian and vehicle traffic. Located in the heart of Chinatown, minutes to downtown and transit. Properties are sold as is. Whether you want to invest in passive income, run a business or redevelop down the road, this is your chance to secure a large urban footprint in a merging and diverse area.
Property Facts
| Price | $1,925,000 CAD | Number of Properties | 3 |
| Price / SF | $149.31 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 12,893 SF |
| Status | Active | Total Land Area | 0.22 AC |
| Price | $1,925,000 CAD |
| Price / SF | $149.31 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 12,893 SF |
| Total Land Area | 0.22 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 622 Somerset St W, Ottawa, ON K1R 5K4 | Multifamily | 5,200 SF | 1990 | - |
| 628 Somerset St W, Ottawa, ON K1R 5K4 | Retail | 5,200 SF | 1900 | - |
| 634 Somerset St W, Ottawa, ON K1R 5K4 | Retail | 2,493 SF | 1939 | - |
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