5+ Days Ago
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494 Somerset St W #1-2, Ottawa, ON K1R 5J8, CAN|Centretown
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Amenities for 494 Somerset St W #1-2, Centretown
Apartment Amenities
| Central Heat | Heating |
Appliances
| Refrigerator |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 494 Somerset St W #1-2
Sweet deal!
This listing is 14% below the median price for studio apartments in Centretown.
Spacious unfurnshed bachelor – ideal for a student or young professional Spacious kitchen and bathroom Bright and well-appointed apartment Room size : 12,8ft×6,4ft Rental information: - Rent : 1295$/ month - Hydro included, - Parking not included (garage parking $150/month) - Water and heating included - First and last month rent required Residential Building – 494 1/2 Somerset Street West, Ottawa Located in the heart of downtown Ottawa, this mid-size residential building offers a convenient, vibrant, and walkable lifestyle. Nestled in the highly sought-after Centretown neighborhood, 494 Somerset boasts a strategic location close to cultural hubs, essential services, and transit, making it ideal for professionals, students, and newcomers. - About the Building: Well-maintained and clean Secure access Quiet residential feel despite central location Friendly, long-term tenants Outdoor parking available (upon request) On-call maintenance service - Nearby Amenities & Services: - Groceries: Loblaws (700 m / 9-min walk) Kowloon Asian Market (350 m / 4-min walk) Top Market Halal Grocery (3-min walk) - Restaurants & Cafés: Chinatown (2-min walk) Little Italy (10-min walk) Variety of international cuisine steps away (Asian, African, vegetarian...) - Public Transit: Bus lines (2, 11, 14) within 2 minutes Lyon LRT Station (1.2 km / 15-min walk) - Education & Institutions: University of Ottawa (2.5 km / 8-min drive) Algonquin College (direct bus – 25 min) Parliament Hill (1.8 km / 6-min drive or 20-min walk) - Health Services: Somerset West CHC Clinic (3-min walk) Shoppers Drug Mart & Rexall pharmacies (within 400 m) - Parks & Outdoor Spaces: Dundonald Park (5-min walk) River recreational paths (15-min walk)
Address details
| Neighborhood | Centretown |
|---|---|
| Post code | K1R 5J8 |
| Type | Apartment for rent |
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Rent trends in Centretown
studio apartments at 494 Somerset St W #1-2 cost about 14% less than the average rent price for studio apartments in Ottawa.
Median rents as of Feb 28 2026.
Centretown
Ottawa
| Month | Median Rent |
|---|---|
| March 2024 | $1,545 |
| April 2024 | $1,545 |
| May 2024 | $1,544 |
| June 2024 | $1,549 |
| July 2024 | $1,590 |
| August 2024 | $1,670 |
| September 2024 | $1,702 |
| October 2024 | $1,683 |
| November 2024 | $1,668 |
| December 2024 | $1,655 |
| January 2025 | $1,652 |
| February 2025 | $1,654 |
| March 2025 | $1,623 |
| April 2025 | $1,597 |
| May 2025 | $1,589 |
| June 2025 | $1,599 |
| July 2025 | $1,607 |
| August 2025 | $1,616 |
| September 2025 | $1,610 |
| October 2025 | $1,579 |
| November 2025 | $1,562 |
| December 2025 | $1,549 |
| January 2026 | $1,573 |
| February 2026 | $1,599 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,545 |
| April 2024 | $1,540 |
| May 2024 | $1,558 |
| June 2024 | $1,584 |
| July 2024 | $1,626 |
| August 2024 | $1,648 |
| September 2024 | $1,645 |
| October 2024 | $1,625 |
| November 2024 | $1,669 |
| December 2024 | $1,617 |
| January 2025 | $1,597 |
| February 2025 | $1,647 |
| March 2025 | $1,591 |
| April 2025 | $1,563 |
| May 2025 | $1,551 |
| June 2025 | $1,551 |
| July 2025 | $1,550 |
| August 2025 | $1,564 |
| September 2025 | $1,568 |
| October 2025 | $1,549 |
| November 2025 | $1,549 |
| December 2025 | $1,505 |
| January 2026 | $1,501 |
| February 2026 | $1,530 |
Affordability calculator
Can I afford to live at 494 Somerset St W #1-2?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$51,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $51,800 annually to afford this studio monthly rent price of $1,295.
For more information on rent affordability, visit our rent calculator.
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Internet available near 494 Somerset St W #1-2
Getting around Ottawa near 494 Somerset St W #1-2
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 494 Somerset St W #1-2, Ottawa
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
8/10
Several shops within a few minutes’ walk
Cafes
8/10
Several cafés within a few minutes’ walk
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
5/10
Some bars within a few minutes’ walk
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