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.
| MLS # | X12968770 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 153 |
| Listing Provided By | ROYAL LEPAGE INTEGRITY REALTY | X12968770 493500 |
| SQ Feet | 4,025 |
|---|---|
| Acreage | 0.09 |
| Cooling | Yes |
|---|
| Security Features | No |
|---|
| Utilities | Available |
|---|
| Tax Annual Amount | 12782 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Ottawa |
| City | West Centre Town |
| Postal Code | K1R 6P3 |
| Area | 4204 West Centre Town |
| Listing VS Median (in K1R 6P3) | |
Price: $2,150,000 low | high Med: $2,150,000 sqft: 4,025 low | high Med: 4,025 $ / sqft: $534 low | high Med: $534 On site: 153 low | high Med: 153 | |
| Province | ON |
|---|---|
| Region | Ottawa |
| City | West Centre Town |
| Postal Code | K1R 6P3 |
| Area | 4204 West Centre Town |
| Listing VS Median (in K1R 6P3) | |
Price: $2,150,000 low | high Med: $2,150,000 sqft: 4,025 low | high Med: 4,025 $ / sqft: $534 low | high Med: $534 On site: 153 low | high Med: 153 | |