192 SOMERSET STREET W, Ottawa

$2,950/mo

For rent: Other

Other at 192 SOMERSET STREET W, Ottawa
Property type
Office
MLS®
MLS® X14129102
Neighbourhood
4103 - Ottawa Centre

Excellent opportunity to lease approximately 1,200 sq. ft. of commercial office space in Ottawa's vibrant Centretown neighbourhood. Ideally located within an 8-minute walk of the Ottawa Courthouse, this space offers a convenient and professional setting for a variety of businesses. The office layout features a spacious welcoming foyer and five private offices, providing an ideal setup for legal professionals, consultants, accounting firms, or other professional services seeking a functional and well-located workspace. The property is situated near the intersection of Somerset Street West and Elgin Street, offering convenient access to restaurants, cafés, retail shopping, professional services, government offices and public transit. Its central location within Ottawa's downtown commercial and government district makes it particularly appealing for businesses looking to establish a presence close to key downtown amenities and services. Rent includes heat, hydro, water, property taxes and HST, offering the convenience of an all-inclusive rental arrangement. A fantastic opportunity to secure professional office space in a highly accessible downtown location.

Sold data

Homes in Ottawa Centre — recent sold market

Homes in Ottawa Centre took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 51, across 80 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.

The median sale price was $427,450.

Homes sold for about 2.8% below asking on average, so there was room to negotiate.

About 9% of sales closed above the list price.

Around 12% of sellers reduced their price before finding a buyer.

Median days to sell
35
Median sale price
$427,450
Sale-to-list ratio
97.2%
Sold above asking
9%

Based on 80 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 192 SOMERSET STREET W