Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

673-675 Somerset Street W, West Centre Town, ON K1R 6P3 (Bronson Ave & Somserset)
$ 2150000 - MLS : X12968770

From Our Gallery

Description

LANDMARK mixed-use investment opportunity in the heart of Ottawa's vibrant Chinatown. Situated on a high-visibility corner at Somerset St W and Bronson Ave, this fully tenanted property features 6 units, including 2 ground-floor commercial spaces and 4 residential apartments above. The commercial component is anchored by established tenants Pizza Pizza and TeaLive, both on triple net leases, providing stable, hands-off income. Residential units offer strong upside potential with below-market rents, allowing investors to increase cash flow over time. Zoned TM[112]H(16), this property allows for a wide range of commercial and residential uses, making it ideal for both investors and future redevelopment. Located in a high-foot-traffic area surrounded by restaurants, retail, and transit, demand continues to grow as Chinatown undergoes revitalization. This is a rare opportunity to secure a stable, income-generating asset with long-term growth potential.

Location Description

Bronson Ave & Somserset

Property Detail

Community: 4204 - West Centre Town
Property Type: Tenant/Commercial
Garages: Public
Annual Property Taxes : $ 12782

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : Public

Amenities

Heating : Other

Listing Contracted With: ROYAL LEPAGE INTEGRITY REALTY

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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