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464 Somerset St W 4,560 SF Office Building Ottawa, ON K1R 5J8 $823,090 USD ($180.49 USD/SF)



Investment Highlights
- Located in the amenity-rich Centretown district, just minutes from Parliament Hill and the Financial District.
- Features a well-maintained Victorian-style design with an existing office buildout adaptable for various professional uses.
- Provides on-site parking for 8 or more vehicles, offering rare convenience in the downtown core.
- Offers excellent accessibility with easy connections to public transit and major city routes.
Executive Summary
Character-rich Centretown office opportunity just steps from the Financial District and minutes to Parliament Hill. This well-maintained Victorian-style property offers approximately 2,532 SF above grade plus an additional 828 SF of usable lower-level space. Original architectural features including detailed millwork, high ceilings, and oversized windows are complemented by significant existing office buildout that can be readily repurposed for a variety of professional uses.The property is configured with a mix of approximately 7 enclosed offices and 4 open work areas, along with reception, kitchenette, storage, and additional finished lower-level workspace. The layout supports a natural separation between client-facing areas and internal operations, making it well-suited to a range of professional, medical, or service-based users.On-site rear parking for 8+ vehicles (tandem configuration), a rare offering in this location, complements strong walkability to Bank Street amenities, government offices, transit, and LRT. A strategic opportunity for owner-users seeking presence, character, and long-term value in a central location.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
4,560 SF
Building Class
B
Year Built
1887
Price
$823,090 USD
Price Per SF
$180.49 USD
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
1,120 SF
Slab To Slab
8’
Building FAR
1.50
Lot Size
0.07 AC
Zoning
TM14 H
Parking
4 Spaces (1.19 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Controlled Access
- Security System
- Signage
- Smoke Detector
1 1
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Very bikeable
80/100
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464 Somerset St W
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