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
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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 Jan 17 2026.
Centretown
Ottawa
| Month | Median Rent |
|---|---|
| February 2024 | $1,550 |
| March 2024 | $1,546 |
| 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 | $1,547 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,581 |
| March 2024 | $1,547 |
| 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 |
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
Explore the area around 494 Somerset St W #1-2
Food Arya
508A Gladstone Ave
Massine's Your Independent Grocer
296 Bank St
Thana Market
386 Bank St
Domestic Foods
595 Gladstone Ave
JJS Market
380 Laurier Ave W
Earlene's House of Fashion
113 James St
Wicked Wanda's Adult Emporiun
327 Bank St
Bella Bella Boutique
240 Bank St
Hillary's Cleaners
347 Slater St
Stroked Ego
131 Bank St
Tim Hortons
525 Somerset St W
Bridgehead
366 Bank St
Tamis Cafe & Resto
Tim Hortons
263 Bank St
Tim Hortons
450 Bank St
Royal Oak
318 Bank St
Royal Oak Restaurant
188 Bank St
Royal Oak
180 Kent St
Spin Kitchen & Bar
100 Kent St
Caff Italiano
777 Gladstone Ave
True Loaf Bread Company
573 Gladstone Ave
Thimble Cakes
369 Bank St
Golden Baquette Bakery Ltd
242 Bank St
Herb & Spice Shop
375 Bank St
Treats Minto Place
407 Laurier Ave W
Dundonald Park
Lisgar Parkette
Nepean Place
McNabb Park
Arlington Park
Pour Boy Pub
495 Somerset St W
The Vanitea Room
551 Somerset St W
Mazarine
282 Kent St
Mystiko Greek Kitchen-Wine Bar
281 Kent St
Ceylonta Restaurant
403 Somerset St W
SOMERSET W / LYON
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