843-839 Somerset Street, West Centre Town, Ontario K1R 6R6 is For Sale and has a listing price of 2,100,000. The property is located in the West Centertown neighbourhood . It's been on the website for 101 Days.
Incredible Investment Opportunity in the Heart of Chinatown! Located on bustling Somerset Street West, this traditional Main Street-zoned property offers excellent passive income potential with a projected annual income of $120,000. A long-standing, well-known restaurant tenant occupies one side of the building under a triple net lease, covering all utilities and minimizing owner expenses.The adjacent unit is currently vacant and presents an exceptional opportunity potentially renting for up to $6,900/month. Ideal for an owner-occupier or an investor looking to maximize returns, this space is perfect for a wide range of uses. Major capital improvements already completed: the property features a brand new roof (2025) valued at $63,000, offering peace of mind and long-term savings on maintenance. Zoning permits restaurant or other commercial operations or redevelopment for multi-unit residential, offering flexibility and long-term growth. Property Highlights: High visibility with large street-facing windows, 5 dedicated parking spaces for tenants, prime location with a bus stop right at the door, surrounded by vibrant local businesses and community amenities. Don’t miss your chance to own a versatile, income-generating property in one of the city’s most dynamic neighbourhoods.
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 11/24/2025 | X12572208 | $6,900 | For Rent | - | - |
| 09/12/2025 | X12399644 | $2,100,000 | For Sale | - | - |
