880 SOMERSET STREET W, Ottawa

$1,650/mo

For rent: Other

Other at 880 SOMERSET STREET W, Ottawa
Property type
Commercial Retail
MLS®
MLS® X13585102
Neighbourhood
4205 - West Centre Town

Position your business in one of Ottawa's most vibrant and strategically located commercial districts with this beautifully maintained turnkey office space at 880 Somerset Street West. Offering approximately 540 square feet of functional and professionally designed workspace and also a full basement, offering space as for storage and 2 parking spots included. This well-appointed unit is ideally suited for a variety of professional, consulting, wellness, administrative, or creative business uses. The space features a practical and efficient layout complete with a private bathroom, dedicated storage room, and the rare convenience of two included parking spaces, providing both comfort and functionality for staff and clientele alike. Situated in the heart of Somerset Street West, between Ottawa's dynamic Chinatown and Little Italy communities, the property benefits from exceptional accessibility, strong pedestrian presence, and proximity to an abundance of sought-after amenities including renowned cafés, restaurants, boutique shops, professional services, public transit, cycling paths, and downtown Ottawa. This thriving urban location offers an energetic and sophisticated setting for businesses seeking a polished, move-in-ready environment in one of the city's most desirable commercial corridors. Lease rate is $1,750 per month plus HST, with tenants responsible for estimated property taxes of approximately $400 per month in addition to hydro and gas. Water is included. Minimum term: three years or longer

Sold data

Other homes in Ottawa — recent sold market

Other homes in Ottawa took a median of 28 days to sell over the last 730 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 58, across 45 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.

The median sale price was $799,000.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$799,000
Sale-to-list ratio
97.5%
Sold above asking
13%

Based on 45 recorded sales in the last 2 years — 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 880 SOMERSET STREET W