429 Somerset Street, Unit 802, Ottawa Centre, ON
Property no longer active
This property was sold on October 21, 2025. This listing is for reference purposes only. to view the sold price.
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 $415,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to The Strand, where this beautifully appointed 820 sq. ft. condominium offers the perfect blend of style, function, and location!The upgraded kitchen boasts a smart layout ideal for both cooking and entertaining, while the dining area comfortably fits a full-sized table beneath a modern designer fixture. A versatile den features a custom built-in office and a stylish Murphy bed with storage perfect for working from home by day and hosting overnight guests by night.The spacious primary bedroom easily accommodates larger furniture and offers a full wall of closet space. Additional highlights include upgraded flooring throughout, in-suite laundry, and underground parking in one of the buildings best spots.This well-maintained, centrally located building provides excellent walkability to shops, restaurants, transit, and downtown amenities. Residents also enjoy access to an outdoor BBQ area, party room, and meeting room.Practical comforts include individually controlled heating and cooling, exterior-vented bathroom exhaust fans, and a kitchen range hood vented to the exterior.Dont miss your chance to own in this sought-after building book your showing 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 289 days. This property is listed at $415,000 with an estimated mortgage of $1,381* per month. It has 1 bed, 1 bathroom, and is 800-899 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 802, Ottawa Centre, ON K2P 2P5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
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About Purchasing a Home in Ottawa Centre, ON
For a property listed at $415,000 in Ottawa Centre, the legal minimum down payment is $20,750 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 $4,775 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 $4,775.
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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.