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For Lease
Just Listed

690-B Somerset Street W

4205 - West Centre Town, West Centre Town, ON
$3,400
0Bd
0Ba
sqft
66 x 99 ftlot
CommercialMLS# X13595940Listed 2026-07-230 DOM

Just listed! New listings in West Centre Town often receive offers within the first week.

About this home

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.

Features

  • Yes

Financials

Annual Taxes
$0

Estimated Rental Income

Entire property$2,500 – $8,000/mo
Rental yield882.4% – 2823.5%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — West Centre Town

Days on market0 days
Buyer's MarketSeller's Market

Based on active listings in West Centre Town. Data updates daily.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

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. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. 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. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$3,400
690-B Somerset Street W, West Centre Town
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