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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision 4204 - West Centre Town
MLS Listing ID X12968770
Annual Tax Amount $12,782
Tax Year 2025
Property Sub-Type Commercial Retail
Property 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
State ON
County Ottawa
Area Ottawa
Zoning TM[112]H(16)
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 24.0
Lot Depth 71.13
Others
Security Features No
ParcelsYN No
Virtual Tour https://discover.matterport.com/space/HA9gTv3AoGf
Listed by ROYAL LEPAGE INTEGRITY REALTY