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 $375,000 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 700-799 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 Somerset St. W and Kent in the heart of Centretown. Penthouse living in the Lambeth 720Sqft model, overlooking city views and peaceful courtyard from the balcony. The spacious kitchen offers ample storage with a timeless back splash installed in 2026, Granite counter tops with a new Stove and Dishwasher in 2026. Hardwood floors flow within the large dining and living room area overlooking the balcony views. Bedroom with walk-In closet. In unit Laundry, Private Balcony, Underground Parking, Underground Visitors Parking & Storage Locker. Enjoy the building's thoughtfully curated amenities, including a serene courtyard with BBQ area, bike storage and party room. 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. The building is extremely well managed, maintained and clean. Say hello to the friendly staff and residents in the hallways.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 429 Somerset Street W PH13, 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 $375,000 in Ottawa Centre, the legal minimum down payment is $18,750 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 $4,100 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 $4,100.
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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.