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 $665,000 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
- Thoughtfully designed floor plan offering excellent spatial utility and privacy
- Features a unfinished 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 central air central cooling and highly efficient heat pump heating via electric
Description
Flooring: Tile, Flooring: Hardwood, Flooring: Laminate, OPEN HOUSE CANCELLED - SELLER ACCEPTED CONDITIONAL OFFER - Discover urban living in this beautifully appointed 2-bedroom + den, 2-bathroom condo in the highly sought-after Ann Manor building. It is ideally located near the picturesque Canal, a short stroll to Elgin Street, Rideau Centre, & the vibrant ByWard Market. The open-concept layout that connects the living room, dining room, and den is perfect for entertaining. Fully renovated kitchen, stainless steel appliances, Corian countertops, and stylish crown moldings. The living room is highlighted by an electric fireplace & sliding doors & 2x private balconies. The master bedroom offers generous closet space, patio doors to a second balcony, and a luxurious 3-piece ensuite with a stand-up shower. Additional highlights: underground parking, storage locker, bike storage, & access to a large shared garden with BBQ facilities. Condo fees included: HEAT, HYDRO & WATER - Great VALUE, Huge condo!!
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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 644 days. This property is listed at $665,000 with an estimated mortgage of $2,214* 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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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 71 SOMERSET Street 1201, 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 $665,000 in Ottawa Centre, the legal minimum down payment is $41,500 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 $9,775 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 $9,775.
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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.