503 - 141 SOMERSET STREET W, Ottawa, Ontario, K2P 2H1

MLS® # X12610628

new listing

Condo For Sale In Centretown, Ottawa, Ontario

$424,900 QuickQuote^TM: $402K - $509K

2 Beds

2 Baths

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503 - 141 Somerset Street W, Ottawa, ON - Outdoor With Balcony With Facade

503 - 141 Somerset Street W, Ottawa, ON - Outdoor With Balcony

503 - 141 Somerset Street W, Ottawa, ON - Indoor Photo Showing Other Room

503 - 141 Somerset Street W, Ottawa, ON - Photo Showing Other Room

503 - 141 Somerset Street W, Ottawa, ON - Indoor

503 - 141 Somerset Street W, Ottawa, ON - Indoor Photo Showing Living Room

503 - 141 Somerset Street W, Ottawa, ON - Indoor Photo Showing Kitchen

503 - 141 Somerset Street W, Ottawa, ON - Indoor Photo Showing Kitchen With Stainless Steel Kitchen

503 - 141 Somerset Street W, Ottawa, ON - Indoor Photo Showing Dining Room

503 - 141 Somerset Street W, Ottawa, ON - Indoor Photo Showing Bathroom

503 - 141 Somerset Street W, Ottawa, ON - Indoor Photo Showing Bedroom

503 - 141 Somerset Street W, Ottawa, ON - Outdoor With Balcony With Exterior

503 - 141 Somerset Street W, Ottawa, ON - Indoor Photo Showing Gym Room

503 - 141 Somerset Street W, Ottawa, ON - Indoor Photo Showing Garage

503 - 141 Somerset Street W, Ottawa, ON - Other

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503 - 141 SOMERSET STREET W, Ottawa, Ontario, K2P 2H1

$424,900

2 Beds

2 Baths

Property Information:

Ideally located between Elgin Street and the Canal, this updated, freshly painted 2-bed, 2-bath condo offers functional living in the heart of the Golden Triangle. The open-concept layout features a stylish kitchen with stainless steel appliances, wood cabinetry, and an island, flowing to a sunny south-facing balcony. The spacious primary bedroom includes a wall of closets and 2-piece ensuite; the second bedroom works well as an office or guest room. Updated full bath with subway-tile tub/shower. This unit checks every box for convenience, including generous in-unit storage with a large storage room and a ground-level covered parking space. Condo fees include HEAT, HYDRO & WATER, plus access to top-tier amenities: an exercise room, rec room, meeting room, sauna, visitor parking, and bike storage. Steps to award-winning restaurants, shops, entertainment, and 650m to the LRT. A high-demand location offering excellent lifestyle and strong investment potential. New baseboard heaters and light fixtures 2024. Status certificate on file. (id:27)

Building Features:

Style: Apartment
Building Type: Apartment
Amenities: Exercise Centre, Sauna, Recreation Centre
Basement Type: N/A
Exterior Finish: Brick, Concrete
Fire Protection: Security system
Floor Space: 800 - 899 sqft
Heating Type: Baseboard heaters
Heating Fuel: Electric
Cooling Type: Central air conditioning
Appliances: Dryer, Hood Fan, Microwave, Stove, Washer, Refrigerator

Property Features:

OwnershipType: Condominium/Strata
Property Type: Single Family
Bedrooms: 2
Bathrooms: 2
Half Bathrooms: 1
Community Features: Pets Allowed With Restrictions
Condo Fees: $914 Monthly
Features: Elevator, Carpet Free, In suite Laundry
Floor Space (approx): 800 - 899 Square Feet
MaintenanceFee Type: Heat, Hydro, Water, Insurance
Parking Type: Garage, Covered
No. of Parking Spaces: 1

Rooms:

Foyer Main Level 2.10 m x 1.20 m
Dining Main Level 3.37 m x 2.50 m
Living Main Level 5.48 m x 3.04 m
Kitchen Main Level 3.32 m x 2.74 m
Primary Bedroom Main Level 4.90 m x 3.25 m
Bedroom Main Level 4.08 m x 2.41 m

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Rating:

Notes:

Abigail Lindsay

Sales Representative Royal LePage Team Realty , Brokerage*

Office:613.725.1171

Fax:613.725.3323

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Margo Lindsay

Sales Representative Royal LePage Team Realty , Brokerage*

Office:613.725.1171

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John Lindsay

Sales Representative Royal LePage Team Realty , Brokerage*

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QuickQuote^TM

Approximate value for 2 bed, 2 bath condo in this area is:

List Price
below Estimate List Price
above Estimate

$424,900

List Price

$402,099

$508,851

Low Estimate

High Estimate

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Market Price Trends

Condominium

0.66%

Price change (1 year)

11.37%

Price change (5 years)

All Properties

1.04%

Price change (1 year)

12.05%

Price change (5 years)

Location of 503 - 141 SOMERSET STREET W, Ottawa, Ontario, K2P 2H1

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 503 - 141 SOMERSET STREET W , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past

31.2℃

2050

34.7℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 503 - 141 SOMERSET STREET W , experiences 11 significant 2-day storms per year, with about 319.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 409.6mm of precipitation per year.

Precipitation Per Storm

Past

319.7mm

2050

409.6mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 503 - 141 SOMERSET STREET W, Ottawa, Ontario, K2P 2H1

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$324,592.54

Average Number of Children

1.46

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

5.43 %

High school certificate or equivalent

16.15 %

Apprenticeship trade certificate/diploma

1.43 %

College/non-university certificate

13.05 %

University certificate (below bachelor)

3.84 %

University Degree

60.11 %

Commuter

Travel To Work

By Car

35.95 %

By Public Transit

13.36 %

By Walking

39.74 %

By Bicycle

5.07 %

By Other Methods

5.88 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

97.67 %

Houses

2.33 %

Own Vs. Rent

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503 - 141 SOMERSET STREET W, Ottawa, Ontario, K2P 2H1 $424,900 MLS® # X12610628