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502 Somerset St W502 Somerset St W, Ottawa, ON K1R 5J8, Canada
| Monthly rent | $1,475–$1,550 |
|---|---|
| Beds | Studio–1 |
| Baths | 1 |
| Sqft | 305–336 |
Studio 1 bath unit
Address details
| Units | 4 |
|---|---|
| Units available | 2 |
| Neighborhood | |
| City | |
| Post code | K1R 5J8 |
Units
Available
1
Studio
1 Bath
$1,475
Available
1-2
1 Bed
1 Bath
$1,550
Occupied Units
Occupied
B
2 Beds
1 Bath
$1,850
Central Heat
Occupied
2
4 Beds
1 Bath
$275
Balcony • Furnished
Amenities for 502 Somerset St W
Some units at this address have these amenities. View unit details for more information.
- Dogs Ok
- Cats Ok
- Balcony
- Furnished
- Central Heat
Policies at 502 Somerset St W
Applicants
Applicants
One-time.
REQUIRED FEES
Security Deposit
One-time. Refundable.
Dog Policy
Contact for more information on pet policy.
Questions about this property’s policies and fees?
About 502 Somerset St W
Check out this charming property located at 502 Somerset St W in the heart of Ottawa's Centretown! This intimate building consists of 4 units, offering a cozy living experience. Choose from 1 bedroom or studio options, with units ranging in size from 305 to 336 square feet. Residents can enjoy a range of amenities, including on-site laundry, secure entry, and a convenient location close to public transportation, shops, and restaurants. Additional perks include a smoke-free environment and air conditioning for added comfort. A major advantage of this property is its proximity to downtown Ottawa, making it an ideal choice for those who want to be in the midst of the action.
Address details
| Units | 4 |
|---|---|
| Units available | 2 |
| Neighborhood | |
| City | |
| Post code | K1R 5J8 |
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 502 Somerset St W, Ottawa, ON K1R 5J8, Canada compares to other nearby properties.
Positives
- More space
- Studio is 76 sqft larger than other listings nearby
- Images available
- There are at least 10 photos of this address
Considerations
- No central heat
- Fewer climate control options
Get the latest listings anytime, anywhere
Rent trends in Ottawa
Studio apartments at 502 Somerset St W #1 cost about 2% less than the average rent price for studios in Centretown.
1-bedroom apartments here are priced 17% lower than 1-bedrooms in Centretown.
| Month | Median Rent |
|---|---|
| December 2023 | $1,600 |
| January 2024 | $1,595 |
| 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 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,600 |
| January 2024 | $1,620 |
| 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 | $1,507 |
Affordability calculator
Can I afford to live at 502 Somerset St W?
Bedrooms
Rent-to-income ratio
30%
$59,000/yr
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 5 months ago | $1,850 | 2 bed | 1 bath |
Getting around Ottawa near 502 Somerset St W
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