Condo for sale at 706-429 Somerset Street, Ottawa, Ontario, K2P 2P5 - Ottawa Centre - MLS: X12742864

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706-429 Somerset Street

Ottawa, Ontario, K2P 2P5 - Ottawa Centre

$448,900

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Neighbourhood

Ottawa Centre
Major Intersection

Kent & Somerset

Listed Since: 6 day(s)
Last update: 1 day(s) ago

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Overview

Property Type

Condo Apt, Apartment
Bedrooms

2
Bathrooms

2
Square Feet

900-999
Exposure

West
Total Parking

1 Underground Garage
Maintenance

$598
Taxes

$3,889.91 (2025)
Balcony

Open

Property Description

Property description for 706-429 Somerset Street, Ottawa

Welcome to The Strand, ideally located at the corner of Somerset Street West and Kent Street in the heart of Centretown. This spacious open-concept Harrington model offers 935 square feet of stylish urban living with 2 bedrooms and 2 full bathrooms. The kitchen was recently renovated to increase storage and add counter space by adding a pantry, all new cabinets, counters, backsplash and appliances (2019). The primary bedroom is spacious and includes two closets (one walk-in) and a 3-piece ensuite bathroom. The west-facing exposure is ideal for spreading natural light throughout all the rooms. This is a well-managed condo with central heating, cooling, and water included in the fees; the only utility for residents is their electrical bill. This unit comes with one underground parking space, and one secure storage locker. There is a car wash area and 9 visitors parking spaces underground. The main level of the building just completed a renovation to modernize the entrance, including a glass-wall meeting room. Other amenities include a large locked/underground bike room, a rentable Party Room, and a BBQ Terrace area with gas BBQ's available to the residents. This location is superb and central to downtown Ottawa. With walking access to grocery stores, restaurants, shops, cafes, transit and more. This turnkey unit is ready for its next owner, other updates include: new HVAC system (2021), duct cleaning (2025), custom blackout blinds (2018), both bathrooms refurbished with new flooring, new light fixtures, and new hardware.

Listed by Metrovantis Real Estate Inc.

Property details

MLS #

X12742864
Sq. Ft

900-999
Sq. Ft. Source

MLS
Year Built

16-30
Basement

None
View

City, Downtown
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

Y
Laundry Level

n/a
Building Amenities

Bike Storage,Community BBQ,Elevator,Party/Meeting Room,Visitor Parking,Car Wash
Maintenance Fee Includes

Heat, Water
Property Management

Condo Management Group
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

X12742864
Sq. Ft

900-999
Sq. Ft. Source

MLS
Year Built

16-30
Basement

None
View

City, Downtown
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

Y
Laundry Level

n/a
Building Amenities

Bike Storage,Community BBQ,Elevator,Party/Meeting Room,Visitor Parking,Car Wash
Maintenance Fee Includes

Heat, Water
Property Management

Condo Management Group
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Kitchen

2.22 x 4.17 ft Main level
Dining

2.39 x 3.2 ft Main level
Living

4.47 x 3.2 ft Main level
Bathroom

1.51 x 2.27 ft Main level
Br

3.88 x 3.07 ft Main level
Primary

6.13 x 3.23 ft Main level
Bathroom

2.27 x 1.49 ft Main level
Utility

2.29 x 1.6 ft Main level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Condo Apt in Ottawa Centre

Active listings

Historical Average Selling Price of a Condo Apt in Ottawa Centre

Average Selling Price

3 years ago

$415,667

Average Selling Price

5 years ago

$414,633

Average Selling Price

10 years ago

$260,000

Change

11%

Change

12%

Change

78%

Number of Condo Apt Sold

January 2026

Last 3 Months

Last 12 Months

January 2025

Last 3 Months LY

Last 12 Months LY

Change

-29%

Change

-7%

Change

How many days Condo Apt takes to sell (DOM)

January 2026

Last 3 Months

Last 12 Months

January 2025

Last 3 Months LY

Last 12 Months LY

Change

53%

Change

25%

Change

22%

Average Selling price

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

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Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.