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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed yesterday

    690-B Somerset Street W

    West Centre Town·Ottawa, ON·K1R 6P4·Near Somerset & Cambridge St N

    • 850 sqft
    Ottawa real estate›X13595940
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Exceptional opportunity to establish a new venture in one of Ottawa's most prestigious and high-profile locations at the Royal Arch, the iconic gateway to Chinatown. Situated in the heart of West Centre Town, this vibrant and walkable neighbourhood benefits from outstanding transit connectivity via LRT Lines 1 and 2, and major bus routes-ensuring consistent foot traffic and visibility for your business . Somerset Ward consistently ranks as having the highest pedestrian activity in the city, offering daily, repeat customers, while the surrounding area provides a dense residential base of over 35,000 people within walking distance .This fully equipped, licensed dining room features 29 seats, a professional kitchen, and washroom facilities. Beyond its culinary potential, the space is well-suited to a variety of commercial concepts, including office or retail uses. Basement is also available for additional storage. A new lease is available with favourable terms: base rent of $3,400 per month up to Dec 2026, with property taxes and insurance at $800 per month (plus HST) ( approx). Utilities and waste management are billed separately. The unit also includes one dedicated parking space.Joining this location means becoming part of a supportive Business Improvement Area (BIA) that actively promotes the neighbourhood through major events, cultural initiatives, and streetscape enhancements-contributing to a clean, safe, and commercially active district . With competitive rents relative to nearby Centretown and the ByWard Market, this is a rare chance to secure a central address with unmatched exposure and versatility. No Cannabis use, No coffee shop, No Barber shop. Assets NOT included.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 23, 2026Previously listedNew$3,400 —X13595932View
    Jul 23, 2026Previously listedNew$3,400 —X13595938View
    Jul 23, 2026ListedCurrentFor sale$3,400 —X13595940This page
    Apr 6, 2026Previously listedPc$59,000 —X12961880View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      3
      Heating
      Gas Forced Air Open
      Air conditioning
      Yes
      Water source
      Municipal
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 690-B Somerset Street W
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $17
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $2
    0.66% mill rate · ON
    The market

    How this home sits in the Ottawa market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Ottawa market right now

    Average sold price, days on market, and closed-transaction count for Ottawa — sourced from MLS®.

    • Avg sold price
      $720,527
      Last 30 days
    • Median sold price
      $649,766
      Middle of the market
    • Days on market
      30 d
      Avg from list to close
    • Closed last 30d
      3,019
      MLS® transactions
    Full Ottawa market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 690-B Somerset Street W — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 690-B Somerset Street W and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 690-B Somerset Street W listed for?

      690-B Somerset Street W is listed at $3,400 on the MLS® (listing X13595940). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 690-B Somerset Street W have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. Commercial Retail
  2. Asking
    $3,400
    $4 / sqft · MLS® X13595940
    Chat Zara
  3. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $720,527
    $662,885Confidence range$778,169
    Asking vs estimate
    ↓below
    −$717,127
    (-99.5%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Ottawa sell in about 30 days — this one has been listed 1 day.

    Avg sold price
    $720,527
    Median sold
    $649,766
    Avg days on market
    30
    Recently sold
    3019
    See comparable sales
    AI highlights by Zara
    • Beyond its culinary potential, the space is well-suited to a variety of commercial concepts, including office or retail uses.
    • Basement is also available for additional storage.
    • Utilities and waste management are billed separately.
    • No Cannabis use, No coffee shop, No Barber shop.
    Ask Zara a follow-up

    Parking & garage

    1
    Garage
    None
  4. Lot & land

    1
    Zoning
    CM1[112] H(16)
  5. Listing & possession

    3
    Occupancy
    TBD
    Property style
    Service
    Property class
    Commercial Retail
  6. Combined estimate
    $19
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $17
    /mo
    based on the purchase price of $3,400
    $680 cash
    $2,720 financed
    $2,291 total interest
    Monthly payment$17/ month
    Principal54%$2,720
    Interest46%$2,291

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  7. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  8. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  9. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  10. Public listing courtesy of COLDWELL BANKER FIRST OTTAWA REALTY · displayed on Summitly per MLS® data-share rules

    690-B Somerset Street W is a 850 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  11. When was 690-B Somerset Street W built?

    The year built for 690-B Somerset Street W isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  12. What is the property tax for 690-B Somerset Street W?

    The 'Property tax' tab in the History section shows the most recent annual tax for 690-B Somerset Street W plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  13. How much would the monthly mortgage be on 690-B Somerset Street W?

    The affordability calculator on this page shows an estimated monthly mortgage for $3,400 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  14. Has 690-B Somerset Street W been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 690-B Somerset Street W with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  15. What neighbourhood is 690-B Somerset Street W in?

    690-B Somerset Street W is in West Centre Town, Ottawa. The 'Neighbourhood' section below links to the live Ottawa real estate hub with average sold price, days on market, and current inventory.

  16. Is Ottawa a good place to live?

    Ottawa is one of ON's actively-tracked Summitly markets. The full Ottawa real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.