429 Somerset Street, Unit 11, Ottawa Centre, ON
Property no longer active
This property was sold on May 14, 2025. This listing is for reference purposes only. to view the sold price.
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 $399,900 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 700-799 sqft
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Auto Garage Door Remote, Storage Area Lockers
- equipped with central air central cooling and highly efficient fan coil heating via gas
Description
Well kept, bright one bedroom plus den apartment on upper level. Great, unobstructed 180 degree panoramic west/south/north views of the downtown skyline from high up in the sky from the large balcony. Open concept layout with combined living/dining room areas, hardwood floors, open to the galley type kitchen with sit down breakfast counter top bar area. Spacious master bedroom with two double clothes closets. From Living room access the larger balcony sitting area with great unobstructed views. Spacious entrance with tile flooring and double coat closet. Den off of the entrance hallway, perfect for a home office or additional sleeping area. In suite laundry closet beside the four piece bathroom. Hardwood floors in the living/dining area. Six appliances included. Central air-conditioning. Wide underground parking spot [ C 32 ] right by the elevator entrance. Storage locker owned as well. Well managed and maintained condo building with remodeled main lobby. Main lobby access to spacious party room with lot of entertaining areas, tables and lounging furniture, kitchen area plus bathroom. Enjoy the large , private , fenced exterior , patio/sitting areas, BBQ plus tables, on the ground level in the rear of the building. Bike storage area. Pet friendly building. Underground visitor parking spaces. The Strand is located near all amenities within just a few blocks. Just a short walk to the downtown core office buildings. Bus transit at the front door. Immediate possession.
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Property Summary
This condo apartment located at 429 Somerset Street, Ottawa Centre is currently for sale and has been available on SousaSells for 448 days. This property is listed at $399,900 with an estimated mortgage of $1,331* per month. It has 1 bed, 1 bathroom, and is 700-799 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.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard
Interior Features
Auto Garage Door Remote, Storage Area Lockers
Security Features
Security System, Monitored
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 429 Somerset Street 1411, Ottawa Centre, ON K2P 2P5
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 $399,900 in Ottawa Centre, the legal minimum down payment is $19,995 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 $4,474 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 $4,474.
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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.