71 SOMERSET Street, Ottawa Centre, ON
Property no longer active
This property was sold on November 6, 2024. This listing is for reference purposes only. to view the sold price.
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 $619,900 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
- equipped with other central cooling and highly efficient heating via electric
Description
Flooring: Tile, Experience the ultimate in urban living with this beautifully renovated 1,096 SF condo (as per MPAC), situated in the Golden Triangle. Steps from the Rideau Canal, City Hall, an LRT station, and Confederation Park, as well as pubs, restaurants, & grocery stores. This 2-bedroom, 2-bathroom condo in the well-managed Ann Manor boasts a modern open-concept design with an updated kitchen and living area, complemented by a den and a balcony. The primary bedroom features a walk-in closet, an additional balcony, and a contemporary ensuite. A second bedroom and a stylish bathroom offer extra space. The condo also includes 1 underground parking spot and a storage locker. Building amenities include saunas, a party room, a workshop, free laundry facilities, visitor parking, and a tasteful lobby with elegant seating. A standout feature is the private green space with BBQs, beautiful gardens, and mature trees for relaxation & entertaining. The condo fee covers HEAT, HYDRO & WATER. Pets are allowed., Flooring: Hardwood
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Property Summary
This condo apartment located at 71 SOMERSET Street, Ottawa Centre is currently for sale and has been available on SousaSells for 735 days. This property is listed at $619,900 with an estimated mortgage of $2,063* per month. It has 2 beds, 2 bathrooms, and is unknown square feet. 71 SOMERSET Street, Ottawa Centre is in the 4104 - Ottawa Centre/Golden Triangle 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 71 SOMERSET Street W 504, 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 $619,900 in Ottawa Centre, the legal minimum down payment is $36,990 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 $8,873 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 $8,873.
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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.