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16 Beds
0 Baths

C$2,899,900

316 SOMERSET Street E, Lower Town - Sandy Hill ON, K1N 6W3

Property typeMulti-family

Overview

Active

New

Listed Jun 11, 2026

Updated Jun 25

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

Additional information

MLS® ID
X13433890

Interior Features

Bedrooms
16
Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$22,710
Tax Frequency
Annually

 

Courtesy of Listed by , EXP REALTY,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 6:17 AM UTC, 6/25/2026