125 Somerset St W 33 Unit Apartment Building $6,450,688 USD ($195,475 USD/Unit) 4.42% Cap Rate Ottawa, ON K2P 1J3

125 Somerset Street West presents a rare opportunity to acquire a 30-unit multi-family property paired with 3 commercial units, strategically located in the heart of Centretown Ottawa. This asset offers the stability of residential income and the upside potential of retail frontage in one of the city’s most dynamic urban corridors.
Positioned within walking distance of Parliament Hill, University of Ottawa, and Elgin Street’s amenities, the property benefits from constant tenant demand and foot traffic. Residents enjoy immediate access to transit, employment hubs, and lifestyle services — essentials that drive strong rental absorption and long-term value appreciation.
The Golden Triangle in Centretown is Ottawa’s most established and densely populated urban neighbourhood, offering investors a walkable, amenity-rich location surrounded by government, tech, and institutional employers. With sustained population growth, high transit connectivity, and a renter-heavy demographic, Centretown delivers stable cash flow fundamentals and long-term capital upside — making it one of the city’s most resilient submarkets for multi-family and mixed-use investment.