71 Somerset Street, Ottawa Centre, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 4104 - Ottawa Centre/Golden Triangle. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $650,000 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 1000-1199 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with other central cooling and highly efficient heat pump heating via electric
Description
Welcome to this bright and inviting two bedroom plus den unit in a highly sought after building, perfectly positioned in the heart of the Golden Triangle. Offering a blend of comfort and style, this centrally located home places you just moments from the Rideau Canal, the Parliament Buildings, and the vibrant shops and restaurants along Elgin Street.Inside, you will find hardwood flooring throughout, enhancing the warmth and character of the space. The renovated kitchen and updated main bathroom bring a fresh, modern feel, while the striking brick wall adds a contemporary design element that truly stands out. Large windows fill the unit with natural light, creating a sunny and uplifting atmosphere.The versatile den offers the perfect space for a home office or reading nook. Two private balconies provide added outdoor enjoyment, ideal for morning coffee or unwinding at the end of the day.With a functional layout, stylish updates, and an unbeatable central location, this home is ideal for those seeking an urban lifestyle. Flexible closing available. Locker and underground parking included.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 71 Somerset Street W 204, Ottawa Centre, ON K2P 2G2
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 $650,000 in Ottawa Centre, the legal minimum down payment is $40,000 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 $9,475 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 $9,475.
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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.