316 SOMERSET STREET E, Ottawa
$2,899,900
For sale: Multiplex
- Property type
- Fourplex
- Bedrooms / bathrooms
- 16 bedrooms
- Living area
- 699 sqft
- MLS®
- MLS® X13433890
- Neighbourhood
- 4004 - Sandy Hill
Prime mixed-use asset in sought-after Sandy Hill. Offering four spacious four-bedroom residential units and a ground-floor commercial space, this income-producing property combines strong tenant appeal with the flexibility of multiple revenue streams. Each unit features separate hydro meters, in-suite laundry, stainless steel appliances, air conditioning, and bright contemporary living spaces. Six covered bicycle spaces enhance convenience, while the central location-steps to shops, restaurants, schools, and transit-ensures enduring rental demand and long-term investment potential. Net Income $131,694.36/2025
Sold data
Multiplex homes in Ottawa — recent sold market
Multiplex homes in Ottawa took a median of 40 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 67, across 42 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.
The median sale price was $884,450.
Homes sold for about 2.6% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 12% of sellers reduced their price before finding a buyer.
- Median days to sell
- 40
- Median sale price
- $884,450
- Sale-to-list ratio
- 97.4%
- Sold above asking
- 7%
Based on 42 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Ottawa
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
- Rated schools
- 217
- Elementary
- 174
- Secondary
- 43
- Average rating
- 6.2 / 10
Top-rated schools in Ottawa
- Hopewell Avenue — elementaryFraser rating 8.5/10
- Agincourt Road — elementaryFraser rating 8.4/10
- First Avenue — elementaryFraser rating 8.4/10
- Nepean — secondaryFraser rating 8.3/10
- Elmdale — elementaryFraser rating 8.2/10
- Jean-Robert Gauthier — elementaryFraser rating 8.2/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 316 SOMERSET STREET E
$2,599,000
Multiplex16+480–699 sqft227 BLACKBURN AVENUE, 4004 - Sandy Hill, Ottawa
$1,658,000
Multiplex8+282,500–3,000 sqft269-271 QUEEN MARY STREET, 3502 - Overbrook/Castle Heights, Ottawa
$2,099,900
Multiplex843,000–3,500 sqft380 FIRST AVENUE, 4401 - Glebe, Ottawa
$929,000
Multiplex1283,500–5,000 sqft6-10 LABROSSE STREET, 710 - Moose Creek, North Stormont
$1,300,000
Multiplex743,500–5,000 sqft5-7 BRIDGE STREET, 911 - Almonte, Mississippi Mills
$2,680,000
Multiplex152520 HILSON AVENUE, 5003 - Westboro/Hampton Park, Ottawa
$1,850,000
Multiplex12+363,500–5,000 sqft460 WILBROD STREET, 4003 - Sandy Hill, Ottawa
$2,099,000
Multiplex8+400–699 sqft273 DUNCAIRN AVENUE, 5003 - Westboro/Hampton Park, Ottawa