429 Somerset Street, Unit 7, Ottawa Centre, ON
Property no longer active
This property was sold on January 26, 2026. 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 $424,900 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.
- 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
Lovely condo at 'The Strand', walk to restaurants, transit, shops, Chinatown, Parliament and all that Centre Town has to offer. Featuring newer granite counters w/extended bar in kitchen, newer luxury vinyl plank flooring, master w/walk-in closet & 4 pc ensuite, central air, balcony, locker, parking & 5 appliances. This spacious Harrington model offers 935 sq. ft. in a bright, open-concept layout. Enjoy the building's amenities, including a serene courtyard with BBQ area, bike storage, party room, and a secure storage locker. This pet-friendly building also includes water in the condo fees. Locker & Parking Level B, Locker # 89, Parking Space #3. Amazing value!
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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 310 days. This property is listed at $424,900 with an estimated mortgage of $1,414* 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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Property Details
Parking & Garage
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Features
Property Features
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Interior Features
Storage Area Lockers
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Smoke Detector, Carbon Monoxide Detectors, Security System
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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 W 407, Ottawa Centre, ON K1P 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 $424,900 in Ottawa Centre, the legal minimum down payment is $21,245 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 $4,973 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 $4,973.
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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.