$1,219,000
FOR SALE

Triplex 3-Storey

Bedrooms: 7Bathrooms: 4Lot: 41 x 72 ft
2025 Taxes: $9,755

279 Somerset St E
Lower Town - Sandy Hill, ON K1N 6V7 | 4004 - Sandy Hill | Ottawa

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!
Extras
Water Heater Owned
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Listed By ROYAL LEPAGE INTEGRITY REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12486659
Last Updated Apr 28, 2026
Property Summary
Property Type Triplex

More like this:
PIN 042090215
Legal Description PT LT 22, PL 42717 , E/S SWEETLAND AV, AS IN CR343576 ; OTTAWA/NEPEAN
Taxes (2025) $9,755
Directions/Cross Streets Somerset St E & Sweetland Ave
Neighbourhood 4004 - Sandy Hill
Area Ottawa
Price History

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Detailed Information
Fronting On North
Special Designations Unknown
Bedrooms 7
Bathrooms 4
Lot 41 x 72 ft
Exterior Brick
Air Conditioning Central Air
Basement Full, Finished, Apartment
Garage Type None
Parking Spaces 3
Heat Source Gas
Heat Type Forced Air
Sewers Sewer
Seller Property Info Statement Y

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