511 - 429 SOMERSET STREET W, Ottawa

$399,900

For sale: Apartment

Apartment at 511 - 429 SOMERSET STREET W, Ottawa
Property type
Condo Apartment
Bedrooms / bathrooms
1 bedroom, 1 bathroom
Living area
799 sqft
MLS®
MLS® X13800256
Neighbourhood
4102 - Ottawa Centre

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.

Sold data

Apartment homes in Ottawa — recent sold market

Apartment homes in Ottawa took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 62, across 369 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 60 days.

The median sale price was $398,000.

Homes sold for about 2.7% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
34
Median sale price
$398,000
Sale-to-list ratio
97.3%
Sold above asking
7%

Based on 369 recorded sales in the last 90 days. 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 511 - 429 SOMERSET STREET W