429 Somerset Street, Unit 511, Ottawa Centre, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Ottawa Centre. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $399,900 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 700-799 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Storage Area Lockers
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to The Strand, where you can have the downtown lifestyle without giving up the space and extras that make a condo truly feel like home. Beautifully renovated and exceptionally well maintained, this spacious 1-bed + den offers a rare combination of style, function and location in the heart of Centretown. The stunning kitchen was completely renovated in 2021 with crisp white cabinetry, quartz countertops, stylish backsplash, stainless steel appliances and an oversized peninsula made for morning coffee, weeknight dinners or a few friends and a bottle of wine. Engineered hardwood flooring, installed in 2020, flows through the principal living spaces, while the bright, open-concept living and dining area offers something increasingly hard to find downtown: room for a proper dining table, comfortable living room and space to entertain. The dedicated den is another standout, offering a true home office with a Murphy bed that can be included, easily transforming the space for overnight guests. The generous primary bedroom offers excellent closet space, while the beautifully renovated 2021 bathroom features large-format tile, a glass shower enclosure and contemporary finishes. Step outside to your private balcony, then leave the car downstairs and head out on foot. Groceries, coffee shops, restaurants and Bank Street are steps away, with the Glebe, Rideau Canal, Parliament Hill, downtown offices and Lyon LRT all within easy reach. In-suite laundry, a storage locker and convenient underground parking just inside the garage entrance are all included. Condo fees are $505.35/month and include heat and water, plus access to a peaceful courtyard with BBQ terrace, party room, bike storage, car wash station and visitor parking. Beautifully updated, spacious and completely move-in ready, this is downtown living designed for real life. Work from home, host friends for dinner, have guests stay the night, then step outside and enjoy one of Ottawa's most connected neighbourhoods.
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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 1 day. This property is listed at $399,900 with an estimated mortgage of $1,331* per month. It has 1 bed, 1 bathroom, and is 700-799 square feet. 429 Somerset Street, Ottawa Centre is in the Ottawa Centre neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Ottawa Centre, Ottawa Centre.
- •1 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-799 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Ottawa Centre.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Public Transit
Interior Features
- Storage Area Lockers
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Ottawa Centre?
If you are looking for a house in Ottawa Centre or researching Ottawa Centre real estate for sale, this 1-bedroom condo apartment at 429 Somerset Street, Unit 511, Ottawa Centre, ON offers an exceptional opportunity to buy a home in Ottawa Centre, Ontario. Whether you are a first-time Ottawa Centre home buyer or comparing active Ottawa Centre MLS® homes for sale, working with a dedicated Ottawa Centre buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Ottawa Centre Buyer Budget & Costs
Estimated mortgage: $1,331*/month*. Estimated Ontario Land Transfer Tax: $4,474. First-time Ottawa Centre home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Ottawa Centre
Frequently Asked Questions about 429 Somerset Street, Unit 511, Ottawa Centre, ON
Q.What is the asking price for 429 Somerset Street, Unit 511, Ottawa Centre, ON ?
The current listing price for 429 Somerset Street, Unit 511, Ottawa Centre, ON in Ottawa Centre, Ottawa Centre is $399,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 1 bedroom and 1 bathroom across approximately 700-799 sqft.
Q.What property type and architectural style is 429 Somerset Street, Unit 511, Ottawa Centre, ON ?
429 Somerset Street, Unit 511, Ottawa Centre, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What key property features does 429 Somerset Street, Unit 511, Ottawa Centre, ON offer?
Key property features include: Public Transit.
Q.What interior features are included in this home?
Interior highlights include: Storage Area Lockers.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Ottawa Centre, Ottawa Centre
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 429 Somerset Street W 511, 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 $399,900 in Ottawa Centre, the legal minimum down payment is $19,995 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 $4,474 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 $4,474.
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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.
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