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New3 days ago

410 - 429 Somerset Street W

4102 - Ottawa Centre, Ottawa Centre

$479,900

Condo Apartment |
2 | 2 | 1 | 1
About this home

Welcome to sophisticated urban living at 'The Strand' in the heart of Centretown. This spacious 2-bedroom, 2-bathroom residence offers 1,045 square feet of bright, meticulously designed open-concept living space. Positioned on the southwest corner of the building, the home enjoys plenty of natural light throughout the day. The well-appointed layout features an inviting kitchen that flows seamlessly into the main living areas, along with a large primary bedroom with a private ensuite bath. The condo also features in-suite laundry, a private balcony, a heated underground parking space, and a locker. Residents enjoy building amenities including a serene courtyard with a BBQ area, a party room, and bike storage. Steps from excellent dining, transit, Parliament Hill, and Chinatown, this pet-friendly building includes heat and water in the condo fees. A perfect blend of comfort, style, and premier downtown convenience! Please note that some photos have been virtually enhanced to show potential.

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Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$664
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$4,573
mls© NumberX13799280
Listed ByUMBER REALTY INC.
Common Elements Included
Water Included
Heat Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,456
Property tax
$381
Heat allowance
$150
Condo fees, half counted
$332
Housing costs
$3,319 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $95,980
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,019 / mo
Cash down
$95,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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