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 construction, this residence presents an exceptional opportunity offered at $394,900 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
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free, Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Positioned in the heart of Centretown, and with 780sqft, this stylish 1 bed plus den condo at The Strand offers an exceptional urban lifestyle with everything at your doorstep. Sitting just a block from Bank Street, you're steps from groceries, shops, dining/cafes, and everyday conveniences, not to mention walking distance to the Lyon LRT stop, Parliament Hill, the Canal, the Glebe and Lebreton Flats. You're surrounded! The unit itself features hardwood flooring and tile throughout (no carpet!), an open-concept kitchen with breakfast bar, and an open concept living/dining space with a bright, airy atmosphere that's filled with natural light. The large primary bedroom offers generous closet space and there's also a versatile den, complete with a Murphy bed which adds flexibility for guests or your home office needs. You'll also enjoy the convenience of in-unit laundry, and a southwest-facing balcony for a sunny outdoor escape when needed. The unit also comes with 1 owned underground parking spot and locker, and the pet friendly building also offers a party room, meeting room and outdoor common BBQ space. A fantastic opportunity to enjoy comfortable, connected city living!
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Public Transit, Park
Interior Features
Carpet Free, Auto Garage Door Remote
Security Features
Smoke Detector
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 W 412, 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
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ottawa Centre.
Configure Loan Settings
About Purchasing a Home in Ottawa Centre, ON
For a property listed at $394,900 in Ottawa Centre, the legal minimum down payment is $19,745 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 $4,399 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 $4,399.
Nearby Listings
No current listings found in Ottawa Centre.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Ottawa Centre.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.