Gurvinder Nokwal REALTOR®
For Sale Fourplex 130 days on market

$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
Map

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

Minimum for this price: $579,980 (20%)

Amortization, years

Estimated mortgage payment

$12,840 per month

Principal and interest
$12,840
Property tax
$1,893
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
Total, before legal fees
$638,953
Talk to me about financing

Estimates 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

316 SOMERSET Street E, Lower Town - Sandy Hill, ON K1N 6W3 4004 - Sandy Hill, Lower Town - Sandy Hill, ON K1N 6W3
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$2,899,900 316 SOMERSET Street E, Lower Town - Sandy Hill, ON K1N 6W3
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