+ 24 photosFor Sale · Office
470 Somerset Street W, Ottawa Centre, ON K1R 5J8
Ottawa Centre · 4103 - Ottawa Centre
181 days on market
—
Beds
—
Baths
7
Parking
4241 sq ft
Sq ft
—
Built
About this home
- Fully renovated 3-storey heritage building in Centretown between Kent and Lyon Street
- Approximately 3,050 sq ft of office space across 3 floors with ample natural light
- 7 parking spaces
- Walking distance to Lyon LRT station and close to Highway 417 access
- Nearby amenities include Massine's Independent Grocer and Dollarama on Bank Street
- Current tenant lease expires September 30, 2026
- Suitable for various professional uses including design firms, law firms, and staffing agencies
Key points summarised from the listing description.
Property details
Listed on
March 18, 2026
Days on market
181 days
Property tax
$21,236 (2025)
Lot
38.66 × 110 Feet
Heating
Baseboard
Cooling
Yes
MLS®
X12895882
Full details
Parking
GarageOutside/Surface
Driveway7
Total parking7
Property & sold history
Listing history
| Date Start | Date End | Price | Status | Listing ID |
|---|---|---|---|---|
| March 18, 2026 | — | $1,200,000 | For Sale | X12895882 |
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True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
This price requires at least 7.9% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$20,475
Legal · title · inspection$2,800
Closing costs$23,275
Down payment$240,000
Total cash to close$263,275
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
