35
  • X12486659
  • MLS® Number
  • Property Type
  • Triplex, Residential
  • Acres
  • Land Area
  • 7
  • Bedrooms
  • 4
  • Bathrooms
  • Sqft
  • Area Size

279 Somerset E Street, Lower Town – Sandy Hill, ON K1N 6V7

  • $1,219,000

Description

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!

Details

MLS® Number X12486659
7 Bedrooms
4 Bathrooms
Updated on October 28, 2025 at 9:01 pm

Additional details

  • Roof: Asphalt Shingle
  • Sewer: Sewer
  • Cooling: Central Air
  • County: Ottawa
  • Property Type: Residential
  • Pool: None
  • Parking: Available
  • Architectural Style: 3-Storey

Address

  • Address: 279 Somerset E Street
  • City: Lower Town - Sandy Hill
  • State/county: ON
  • Zip/Postal Code: K1N 6V7
  • Country: CA

Contact Information

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