Location
Powered by Zumper AI
Nearby rentals
Property management
Powered by Zumper AI
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Great for
| Bachelor | Studio | 1 bath | $1,550 /mo | 1 unit available |
Let's explore this property.
Apartment Amenities
| Electric | Heat |
| Hot Water | Trash Included |
| Utilities/Sewer |
Grounds
| Assigned Parking |
One-time.
One-time. Refundable.
No pets allowed.
Street
Surface Lot
Monthly. 2 streets max.
Monthly. 2 surface lots max.
Questions about this property’s policies and fees?
| Lease terms | 12 months |
|---|
Spacious 2 bedroom – ideal for a family or young professional Approximate area: 715 (entire apartment) Bedrooms size: 11.48ft x 8.2ft Spacious kitchen and bathroom Bright and well-appointed apartment Ideal location: Located in Centretown, between Chinatown and downtown Walk Score = 97 (Walker's Paradise): Everything is within walking distance Transit Score = 86: Excellent bus and O-Train connections Nearby amenities: Place On Foot By Car Bus stop (Somerset/Preston) 1 min 1 min O Train station (Lyon - Line 1) 11 min 3 min Grocery stores (Loblaws, local options)
How 502 Somerset Street West compares to other nearby properties.
Positives
Considerations
studio apartments at 502 Somerset Street West cost about 5% less than the average rent price for studio apartments in Centretown.
| Month | Median Rent |
|---|---|
| November 2024 | $1,665 |
| 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 |
| March 2026 | $1,578 |
| April 2026 | $1,581 |
| May 2026 | $1,599 |
| June 2026 | $1,603 |
| July 2026 | $1,605 |
| August 2026 | $1,629 |
| September 2026 | $1,650 |
| October 2026 | $1,634 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,671 |
| 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 |
| March 2026 | $1,507 |
| April 2026 | $1,562 |
| May 2026 | $1,587 |
| June 2026 | $1,551 |
| July 2026 | $1,543 |
| August 2026 | $1,529 |
| September 2026 | $1,576 |
| October 2026 | $1,635 |
Can I afford to live at 502 Somerset St W?
Bedrooms
StudioRent-to-income ratio
30%
$62,000/yr