429 Somerset Street, 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 front construction, this residence presents an exceptional opportunity offered at $450,000 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: Carpet Free, 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 Somerset St. W and Kent St. in the heart of Centre town. This spacious open concept Harrington II model offers 970 sqft. of stylish urban living with 2 bedrooms & 2 Full Bathrooms. The Primary Bedroom offers a Walk-in Closet and Ensuite Bathroom. The second bedroom is perfect for a home office space with a built in desk or guest room with Murphy bed. In unit Laundry, Private Balcony, Underground Parking & Storage Locker. Enjoy the building's thoughtfully curated amenities, including a serene courtyard with BBQ area, bike storage, party room, and a secure storage locker. This pet-friendly building also includes heat & water in the condo fees, just pay hydro! Steps from vibrant Bank Street and Somerset, you'll love the unbeatable access to restaurants, shops, cafes, transit, and grocery stores. Whether you're a young professional, downsizer, or investor, this turnkey unit offers an ideal opportunity to live in one of Ottawa's most sought-after neighbourhoods. Make 707-429 Somerset West your next move!
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Carpet Free, Storage Area Lockers
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Pricing & Value Insights
Data-driven valuation for 429 Somerset Street W 707, 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 $450,000 in Ottawa Centre, the legal minimum down payment is $22,500 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 $5,475 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 $5,475.
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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.