222 SOMERSET Street, Ottawa Centre, ON
Property Highlights
Welcome to this remarkable office located in the coveted neighborhood of 4103 - Ottawa Centre. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,200,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 139.76 x 109.9 ft lot size
- Convenient unknown garage included
- equipped with yes central cooling and highly efficient unknown heating
Description
Discover prime office space located in the heart of Ottawa, ON, nestled between Metcalfe St. and Elgin St. Our recently remodeled space boasts a sleek reception area, state-of-the-art conference room, and open plan workstations, complimented by spacious offices and meeting rooms. The large kitchen and lounge area, bathed in natural light with a modern industrial design, creates an inviting ambiance your employees will love. Our professionally managed building frees you to focus on what matters most - your work. Notable amenities include ground and covered parking, bicycle storage, and convenient on-site showers. Experience the blend of comfort, functionality, and style from this well crafted office, the perfect space for your business growth. Expenses amount is estimation of condo fees.
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Pricing & Value Insights
Data-driven valuation for 222 SOMERSET Street W 500, Ottawa Centre, ON K2P 2G3
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About Purchasing a Home in Ottawa Centre, ON
For a property listed at $2,200,000 in Ottawa Centre, the legal minimum down payment is $440,000 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 $41,475 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 $41,475.
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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.