215 Somerset Street, Ottawa Centre, ON
Property Highlights
Welcome to this remarkable Apartment 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 $499,000 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 1400-1599 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient baseboard heating via electric
Description
Without a doubt now the best value in downtown living! The largest unit in this complex. If you're looking for large living space in a downtown condo this is it.This home overlooks the well landscaped courtyard with views towards Elgin Street. The owners take pride in maintaining all common areas as exhibited by the beautifully maintained gardens and grounds. Original floorplan was greatly modified adding more interior living space and larger primary bedroom and walk in closet. At approx. 1500 sq.ft. the main living area allows for separate themes as well as a bright dining area. The kitchen includes an eating bar and sitting area. One underground exclusive parking space as well as a spacious locker unit. Just steps from Elgin Street this building offers all amenities within walking distance. This location has a walkability of 12 out o 10. Enjoy the Rideau Canal, historic Spark St. and of course a stroll around parliament. This building is well known for it's mature and professional owners who cooperate in maintaining all common areas. Sharpen your skates! Pets are not allowed with the exception of licensed medical support and emotional support animals.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Public Transit, School
Interior Features
Water Heater Owned
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 215 Somerset Street W 402, Ottawa Centre, ON K2P 0J1
Based on 0 recent similar sales in the pocket.
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 $499,000 in Ottawa Centre, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.
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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.