429 Somerset St
429 Somerset St, Ottawa, ON K2P 2P5
Market Overview
Last sale: Mar 26, 2025
Condo Fees
Policies
Management
About This Building
429 Somerset Street is a low-rise apartment condominium in Ottawa Centre, comprising four storeys. The building attracts buyers seeking centrally located affordable housing, with recent sales averaging around $435,000 for units of approximately 850 square feet. Monthly maintenance fees average roughly $505, or $0.70 per square foot, covering water and building insurance. The location offers excellent walkability, with access to over 100 nearby restaurants, numerous cafés and grocery stores, and proximity to the Lyon rapid-transit station within walking distance. Before finalizing a purchase, prospective buyers should have the status certificate and reserve fund study reviewed by a qualified professional to assess the building's financial health and any upcoming capital projects.
