205 Somerset Street, Ottawa Centre, ON
Property Highlights
Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of 4102 - Ottawa Centre. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $569,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1200-1399 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient baseboard heating via electric
Description
Prime Location! This elegant brick residence exudes timeless charm! Designed by renowned Barry Hobin Architecture, Somerset Court offersspacious, thoughtfully planned apartments with generous room proportions. This bright unit features large picture windows, a classic white eat-in kitchen with peninsula, breakfast bar, abundant cabinetry, counter space, and a pantry, renovated in 2019 along with the ensuite bath. Themain bath has also been tastefully updated, and convenient in-suite laundry adds to everyday ease. The inviting living and dining areas areperfect for entertaining. The large primary bedroom includes a light and airy ensuite and walk-in closet, complemented by a well-sized secondbedroom and another full bath. A wonderful opportunity to live in one of the most desirable areas. Walkable to all amenities!
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Interior Features
Carpet Free, Primary Bedroom - Main Floor
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 205 Somerset Street W 206, Ottawa Centre, ON K2P 0J1
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Ottawa Centre, ON
For a property listed at $569,900 in Ottawa Centre, the legal minimum down payment is $31,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,873 for this transaction. As this listing is in Ottawa Centre (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,873.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.