Welcome to this remarkable 3-Storey multiplex located in the coveted neighborhood of 4103 - Ottawa Centre. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $3,099,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Architectural Award-Winning Victorian Adjacent to the Golden Triangle. This architectural award-winning Classic Victorian stands as a testament to timeless craftsmanship and pride of ownership. Over 191K Gross income! Ideally located adjacent to Ottawa's prestigious Golden Triangle, between Metcalfe and Elgin Streets, this remarkable property features 7 elegant residential units, plus 2 bachelor suites in the charming coach house, offering versatility and excellent income potential. Lovingly maintained by long-term owners, the building showcases exceptional care and preservation of its original character. Its refined hardwood floors, intricate plaster coves, decorative mouldings, high baseboards, and solid wood doors reflect the craftsmanship of a bygone era, carefully preserved through thoughtful updates that enhance both comfort and functionality. Four units feature beautiful fireplaces, adding warmth and charm, while every detail reflects the building's enduring quality and attention to detail. The exterior is equally impressive, surrounded by lush, manicured landscaping, mature trees, and a stately facade that embodies the elegance of the Victorian period. With 10 parking spaces and a 66.28 x 110 ft lot, this property seamlessly blends character, space, and convenience. Perfectly situated steps from downtown Ottawa, near O'Connor and Somerset Streets, residents enjoy easy access to the Parliament Buildings, Rideau Canal, University of Ottawa, and the vibrant shops, cafes, and restaurants of Elgin and Bank Streets. Everyday amenities are nearby, including Independent Grocer (2 minutes) and Farm Boy (5 minutes), making this one of Ottawa's most desirable and walkable locations. A truly distinguished property, this classic Victorian represents a rare opportunity to own a piece of Ottawa's architectural heritage, a beautifully maintained residence where history, charm, and prime location come together perfectly.
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Data-driven valuation for 260 W Somerset Street W, Ottawa Centre, ON K2P 0J6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ottawa Centre.
About Purchasing a Home in Ottawa Centre, ON
For a property listed at $3,099,000 in Ottawa Centre, the legal minimum down payment is $619,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $63,950 for this transaction. As this listing is in Ottawa Centre (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $63,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.