429 Somerset Street, Unit 1106, 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 $469,000 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 900-999 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Storage Area Lockers
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to The Strand by Claridge! Ideally located at the corner of Kent and Somerset, in the vibrant heart of Centretown, this bright and spacious 2-bedroom, 2-bathroom condo offers the perfect blend of comfort, style, and convenience. Step inside to discover an open-concept layout ideal for modern living. The updated kitchen features sleek quartz countertops and flows effortlessly into a sun-drenched living room, where expansive patio doors bring in abundant of natural light.The generous primary bedroom includes its own private ensuite, while the second bedroom offers versatility perfect for guests, a home office, or extra living space. Additional highlights include underground parking, a storage locker, and access to great building amenities such as an indoor party room and outdoor common area deal for summer BBQs. Nestled in a safe and secure building, The Strand puts you just steps away from everything grocery stores, parks, restaurants, bars, transit, and quick access to the 417. Experience the best of Centretown living and book your private tour today!
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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 406 days. This property is listed at $469,000 with an estimated mortgage of $1,561* 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.Key Features
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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 W 1106, 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 $469,000 in Ottawa Centre, the legal minimum down payment is $23,450 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 $5,855 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 $5,855.
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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.