74 Somerset Street, Unit 3, Ottawa Centre, ON

$875,000
MLS#:X12129993
3 beds
3 baths
1600-1799 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Multi-Level condo townhouse 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 $875,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1600-1799 sqft
  • Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient baseboard heating via electric

Description

Experience the best of urban living in the heart of Ottawa's Golden Triangle! This stunning multi-level home at 74 Somerset offers a unique blend of architectural charm and modern convenience, just steps from the Rideau Canal and Queen Elizabeth Driveway. Inside, discover a versatile lower-level rec space, ideal for a home theatre or guest suite. The bright main level features a spacious family room and a beautifully designed L-shaped kitchen with ample cabinetry, opening onto a newly redone front deck. A grand living room with a vintage-inspired gas stove provides the perfect setting for cozy gatherings. The expansive primary suite includes a mirrored closet and spa-like en-suite, while the top level boasts two sun-filled bedrooms. Surrounded by embassies, fine dining, and boutique shopping, this home offers an unparalleled lifestyle in one of Ottawa's most desirable neighborhoods. Don't miss out, we invite you to visit this rare beauty today!

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Property Summary

This townhouse located at 74 Somerset Street, Ottawa Centre is currently for sale and has been available on SousaSells for 434 days. This property is listed at $875,000 with an estimated mortgage of $2,913* per month. It has 3 beds, 3 bathrooms, and is 1600-1799 square feet. 74 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

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1600-1799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 3, 2025
Sold price information is available to members only
Listed Date5/7/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural StyleMulti-Level
ConstructionBrick
BasementFull
CountyOttawa
Annual Tax$5,787

Parking & Garage

Parking Spaces1.0
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingCentral Air

Features

Property Features

Fenced Yard

Interior Features

Carpet Free

Security Features

Community Features

Location

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74 Somerset Street, Unit 3, Ottawa Centre, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 74 Somerset Street W 2, Ottawa Centre, ON K2P 0H5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ottawa Centre.

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Interest Rate4.00%
Down Payment$262,500 (30.0%)
* Minimum Canadian down payment required for this price is $62,500.
Amortization Period30 Years
Estimated Monthly Payment$2,913Based on a loan of $612,500 over 30 years.
Purchase Price$875,000
Loan Amount$612,500
Provincial Land Transfer Tax:$13,975
Total Estimated Closing Taxes:$13,975

About Purchasing a Home in Ottawa Centre, ON

For a property listed at $875,000 in Ottawa Centre, the legal minimum down payment is $62,500 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 $13,975 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 $13,975.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 4104 - Ottawa Centre/Golden Triangle, Ottawa Centre.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$935,466

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.