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 $475,000 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.
Welcome to this sun-filled, south-facing gem in the heart of Centertown! This stunning 2 Bedroom, 2 Bathroom corner unit boasts an open-concept layout with gleaming hardwood floors in the Living & Dining areas. The expansive Living room opens onto a beautiful balcony, perfect for relaxing or entertaining while enjoying the serene city views. The spacious Primary Bedroom features a 4-piece Ensuite Bath and a walk-in closet for all your storage needs. The 2nd Bedroom is generously sized, offering flexibility for guests, a home office, or additional living space. In-suite laundry adds convenience to your lifestyle. Located in an amazing central location, this home is ideal for professionals working downtown or anyone seeking quick access to the Queensway. Enjoy the perks of an underground parking spot, a secure storage room, and building amenities that include a party room and a walk-out barbecue area for al fresco dining! Don't miss this opportunity to embrace urban living at its finest! Pets permitted, no restrictions! 24 hour Irrevocable on all offers.
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This condo apartment located at 429 Somerset Street, Ottawa Centre is currently for sale and has been available on SousaSells for 589 days. This property is listed at $475,000 with an estimated mortgage of $1,581* per month. It has 2 beds, 2 bathrooms, and is 900-999 square feet. 429 Somerset Street, Ottawa Centre is in the 4102 - Ottawa Centre neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Park, Public Transit
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Data-driven valuation for 429 Somerset Street W 805, Ottawa Centre, ON K2P 2P5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ottawa Centre.
About Purchasing a Home in Ottawa Centre, ON
For a property listed at $475,000 in Ottawa Centre, the legal minimum down payment is $23,750 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 $5,975 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 $5,975.
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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.