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 $529,900 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
- Thoughtfully designed floor plan offering excellent spatial utility and privacy
- Features a none, none basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient heat pump heating via other
Description
Flooring: Tile, Flooring: Hardwood, Welcome to your new urban lifestyle at 429 Somerset! Experience all Ottawa has to offer steps outside your door – dining, shopping, transit, parks, entertainment, and historical monuments. Unit 1107 offers you 2 spacious bedrooms, and 2 full bathrooms that have been renovated with contemporary design and quality craftsmanship. Brilliant floor plan is open concept, bright and it begins with the gorgeous white kitchen with RARE extended pantry, gleaming quartz counters, tile backsplash, and included appliances. Light hardwood floors extend wall to wall across the formal dining space, and into the entertainment friendly living room with access to south facing private balcony. Low condo fees, in-unit full size laundry, custom closet organizers, 1 underground heated parking spot, and storage locker! 24 hrs irrevocable on all offers.
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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 755 days. This property is listed at $529,900 with an estimated mortgage of $1,764* per month. It has 2 beds, 2 bathrooms, and is unknown 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 1107, 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 $529,900 in Ottawa Centre, the legal minimum down payment is $27,990 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 $7,073 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 $7,073.
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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.