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293 Somerset Street, Ottawa, ON 29 photos

$675,000

Sold
293 Somerset Street, Ottawa, ON· Sandy Hill
3
Bedrooms
2
Bathrooms
1100-1500
Sq Ft

About this Property

Ideally located in the heart of Sandy Hill, this bright and freshly painted 3-bedroom, 1.5-bathroom end-unit townhome offers a rare opportunity just steps from the University of Ottawa, LRT, parks, shops, and all the conveniences of downtown living. Currently tenanted and generating $2,700 per month, the property offers excellent flexibility with a month-to-month lease in place. The owner pays water (approx. $125 every two months), while tenants cover gas and hydro. The main level features a functional kitchen, convenient powder room, defined dining area, and a cozy living room with a gas fireplace. Upstairs offers three comfortable bedrooms and a full bathroom. The partially finished lower level includes a den or office currently used as a fourth bedroom, along with laundry and storage. Recent updates include interior paint (2025), full roof replacement (2024), some windows (2019), central A/C (2016) and a new furnace (2013). Parking may be available, subject to a waitlist - see agreement in attached documents. This is an exceptional opportunity for investors, students, or professionals seeking a prime location and reliable income in one of Ottawas most sought-after neighbourhoods. Property will be Vacant as of June 1st.

Listed by ENGEL & VOLKERS OTTAWA · MLS# X12818126

About Sandy Hill

University Urban · Avg $550K

Sandy Hill is a historic urban neighbourhood located directly east of Ottawa's downtown core, bounded by the Rideau River to the east, Rideau Street to the north, and the University of Ottawa campus to the south and west. This duality — heritage residential streets alongside a major university — gives Sandy Hill a unique energy that combines the architectural grandeur of embassy row with the youthful vitality of a university quarter.

Avg Home Price$550K
Walk Score91
Embassies10+
Walk to Downtown10 min
View Full Sandy Hill Guide

Features & Details

Property details of 293 Somerset Street, Ottawa, ON

Property TypeAtt/Row/Townhouse
Style2-Storey
Size1100-1500 sq ft
BasementPartially Finished

Mortgage Calculator

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Mortgage Payment$3,316/monthly
Principal54%
Interest46%
Principal Amount$540,000
Interest$454,822
Total Payable$994,822
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$3,316
Mortgage + Expenses$3,316
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$
$
$
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Monthly Cash Flow-$3,316

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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