The Strand

The Strand is a 14-storey high-rise condo building located at 429 Somerset Street West in Ottawa Centre, built approximately 16–30 years ago. The building contains roughly 900-square-foot units averaging around $445,000 in recent sales, with monthly condo fees of approximately $539 (about $0.61 per square foot), covering heat, water and building insurance. It sits in the heart of downtown Ottawa, within walking distance of Parliament Hill, the Rideau Canal, numerous restaurants and shops, and close to the Lyon rapid-transit station. Prospective buyers should retain a condo lawyer or condo-document specialist to review the status certificate, reserve fund study, financial statements, board minutes, insurance details and by-laws before finalizing their purchase.