$2,899,900
Est. payment $12,840/moCalculate yours
316 SOMERSET Street E, Lower Town - Sandy Hill, ON K1N 6W3
4004 - Sandy Hill, Lower Town - Sandy Hill, ON K1N 6W3
- 12 + 4 Beds
- 0 Baths
Listing courtesy of EXP REALTY 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
Property details
Overview
- Property Type
- Fourplex
- Style
- 3-Storey
- For
- For Sale
- Status
- New
- Size
- < 700 sqft
Interior
- Bedrooms
- 12 + 4
- Bathrooms
- 0
- Kitchens
- 0
- Basement
- Full, Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Other
- Foundation
- Concrete
- Roof
- Flat
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 39.01 x 97 Feet
- Parking
- Other garage · 2 total
- Zoning
- Residential
Financial
- Property Taxes
- $22,710 (2026)
Location
- Neighbourhood
- 4004 - Sandy Hill
- Cross Street
- Blackburn Ave.
- Direction Faces
- South
Listing
- MLS® Number
- X13433890
- Days on Market
- 130
- Listed On
- 2026-06-10
- Possession
- TBD
- Listed By
- EXP REALTY
Features
Interior
- None
Property
- Public Transit
- Park
Pool
- None
- Included
- 4 x fridges, 4 x stoves, 4 x washers, 4 x dryers
- Excluded
- Tenants Belongings
Mortgage calculator
Estimated mortgage payment
$12,840 per month
- Principal and interest
- $12,840
- Property tax
- $1,893
- Condo fees
- $0
- Estimated monthly cost
- $14,733
Your mortgage
- Mortgage amount
- $2,319,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,532,119
Cash to close
- Down payment
- $579,980
- Land transfer tax
- $58,973
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $638,953
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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