939 SOMERSET STREET W, Ottawa

$3,500/mo

For rent: Other

Other at 939 SOMERSET STREET W, Ottawa
Property type
Office
MLS®
MLS® X13146002
Neighbourhood
4204 - West Centre Town

Prime commercial leasing opportunity in the heart of downtown Ottawa! This versatile property offers two separate units that can be leased individually or combined to suit a variety of business needs. Exceptional location on Somerset Street West, just steps to the LRT, restaurants, shops, and downtown amenities.The second-floor unit offers approximately 2,000 sq. ft. of professional office space facing Somerset Street West. Currently configured as a functional office environment, the space includes a boardroom, approximately 20 cubicle workstations, one kitchen, and one washroom. Bright and efficient layout ideal for professional offices, consulting firms, tech companies, or administrative use. Rent is $3500/month including the tenant's share of property taxes, plus utilities (around 500$).The first-floor rear unit offers approximately 1,800 sq. ft. and is perfectly suited for a workshop, studio, fitness, wellness, or creative space. The layout features several enclosed offices, a large open-concept area, and a washroom. Flexible configuration suitable for yoga, light industrial, training, or collaborative workspace use. Rent is $3,200/month including the tenant's share of property taxes, plus HST and utilities(around 500$). Utilities are separately calculated based on usage. Flexible leasing options available. Very accommodating and professional landlord. Rare opportunity to secure adaptable commercial space in a highly accessible downtown location.

Sold data

Homes in West Centre Town — recent sold market

Homes in West Centre Town took a median of 28 days to sell over the last 365 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 57, across 133 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 51 days.

The median sale price was $617,900.

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

About 14% 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
$617,900
Sale-to-list ratio
97.5%
Sold above asking
14%

Based on 133 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 939 SOMERSET STREET W