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
Homes in Sandy Hill — recent sold market
Homes in Sandy Hill took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 66, across 132 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.
The median sale price was $449,900.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
- Median days to sell
- 32
- Median sale price
- $449,900
- Sale-to-list ratio
- 96.8%
- Sold above asking
- 8%
Based on 132 recorded sales in the last 1 year. 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
$2,099,000
Multiplex8+400–699 sqft273 DUNCAIRN AVENUE, 5003 - Westboro/Hampton Park, Ottawa
$2,099,000
Multiplex8+400–699 sqft271 DUNCAIRN AVENUE, 5003 - Westboro/Hampton Park, Ottawa
$1,800,000
Multiplex1061,100–1,500 sqft12 SCACE AVENUE, 810 - Brockville, Brockville
$2,690,000
Multiplex17+8103,500–5,000 sqft442 SUNNYSIDE AVENUE, 4403 - Old Ottawa South, Ottawa
$1,550,000
Multiplex631,500–2,000 sqft388 WINSTON AVENUE, 5102 - Westboro West, Ottawa
$1,575,000
Multiplex11+342,000–2,500 sqft493 COLLEGE STREET, 14 - Central City East, Kingston
$1,985,000
Multiplex11+363,500–5,000 sqft72 PRETORIA AVENUE, 4402 - Glebe, Ottawa