316 SOMERSET Street E, Lower Town - Sandy Hill, ON K1N 6W3
Lower Town - Sandy Hill , K1N 6W3
$2,899,900.00
16 Bedrooms
Residential Freehold
Property Details
| MLS Number | X13433890 |
| Property Type | Residential Freehold |
| City | Lower Town - Sandy Hill |
| City Region | 4004 - Sandy Hill |
| Postal Code | K1N 6W3 |
| Cross Street | Blackburn Ave. |
| Street Number | 316 |
| Street Name | SOMERSET |
| Lot Width | 39.01 ft |
| Lot Depth | 97 ft |
| Bedrooms | 16 |
| Annual Tax | $22,710.13 |
| Sewer | Sewer |
| Occupant Type | Tenant |
Description
Prime mixed-use asset in sought-after Sandy Hill. Offering four spacious four-bedroom residential units and a ground-floor commercial space, this income-producing property combines strong tenant appeal with the flexibility of multiple revenue streams. Each unit features separate hydro meters, in-suite laundry, stainless steel appliances, air conditioning, and bright contemporary living spaces. Six covered bicycle spaces enhance convenience, while the central location-steps to shops, restaurants, schools, and transit-ensures enduring rental demand and long-term investment potential. Net Income $131,694.36/2025
Selvan Puvaneswaranathan
Broker — REMAX Crossroads