316 SOMERSET Street E

4004 - Sandy Hill, Lower Town - Sandy Hill, K1N 6W3

$2,899,900

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  • 12+4 bedrooms
  • 0 bathrooms
  • 2 parking
  • < 700 sq ft

Listed 131 days ago · MLS® X13433890

About this home

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

Details

Type
Fourplex
Style
3-Storey
Size
< 700 sq ft
Lot
39.01 × 97 ft
Basement
Full, Finished
Garage
Other
Kitchens
0
Property tax
$22,710 (2026)
Neighbourhood
4004 - Sandy Hill
Municipality
Lower Town - Sandy Hill

Interior

Bedrooms
12 above ground + 4 below
Family room or den
No
Fireplace
No

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
3-Storey
Roof
Flat
Foundation
Concrete
Faces
South

Parking

Total parking
2

Lot

Size
39.01 × 97 ft

More

Possession
TBD
Nearby
Public Transit, Park
Cross street
Blackburn Ave.

History of this address

4 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Living here

Short-term rentals

Only in your principal residence (whole home or part of it), with a City host permit. Rural cottage rentals have a separate permit.

City rules

Listed by EXP REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.