1040 Somerset Street West Condos — Ottawa Pre-Construction

1040 Somerset Street West is a planning phase pre-construction condos development by Claridge Homes in Ottawa's Ottawa. Get pricing, floor plans, deposit s…

1040 Somerset Street West Quick Facts

Project Name1040 Somerset Street West
DeveloperClaridge Homes
Address1040 Somerset Street West
CityOttawa
NeighbourhoodOttawa
RegionOttawa
Building TypeCondo
Sales StatusPlanning Phase
PricingRegister for pricing
Walk Score95
Transit Score79

About 1040 Somerset Street West in Ottawa

1040 Somerset Street West Condos is a pre-construction condominium development by Claridge Homes at 1040 Somerset Street West in Ottawa. Architecture is by Roderick Lahey Architect Inc. The location has a Walk Score of 95 and a Transit Score of 79.

1040 Somerset Street West is also marketed as 1040 Somerset Street West Condos, and listed in the developer's material as 1040 Somerset Street West Condos.

1040 Somerset Street West Floor Plans & Price List

Floor plans, the current price list and deposit structure for 1040 Somerset Street West are released to registered buyers first. Request the 1040 Somerset Street West floor plans and pricing.

Location: 1040 Somerset Street West

1040 Somerset Street West is located at 1040 Somerset Street West, Ottawa in the Ottawa neighbourhood, Ottawa.

Explore more pre-construction projects in Ottawa or browse the Ottawa region.

About the Developer: Claridge Homes

1040 Somerset Street West is being developed by Claridge Homes, with architecture by Roderick Lahey Architect Inc..

See all Claridge Homes pre-construction projects.

How to Buy at 1040 Somerset Street West

  1. Register early. Allocation at 1040 Somerset Street West in Ottawa is released to platinum brokerages before any public opening, so the best floor plans and lowest release pricing go to registered buyers first.
  2. Review the price list and deposit structure. Deposit structures for 1040 Somerset Street West are confirmed at each release and can differ for end users, investors and international buyers.
  3. Submit a worksheet. Worksheets rank your preferred suites or lots; they are not binding until the developer issues an allocation.
  4. Sign and use your cooling-off period. Ontario pre-construction condominium purchases carry a 10-day statutory rescission period for lawyer and lender review. Freehold purchases do not.

Closing Costs & Investor Notes for 1040 Somerset Street West

Budget beyond the purchase price at 1040 Somerset Street West: development and education levies (usually capped by amendment), Tarion enrolment, utility meter hook-ups, land transfer tax, HST treatment (the federal/provincial new-housing rebate applies to buyers who occupy or, for investors, the rental rebate applies with a one-year lease), and legal fees.

Assignment rights, rental-during-occupancy rights and capped levies vary release to release at 1040 Somerset Street West. Confirm each in the current agreement of purchase and sale before you sign.

1040 Somerset Street West — Frequently Asked Questions

Where is 1040 Somerset Street West located?

1040 Somerset Street West is located at 1040 Somerset Street West, Ottawa in the Ottawa neighbourhood.

Who is the developer of 1040 Somerset Street West?

1040 Somerset Street West is being developed by Claridge Homes.

How much do units at 1040 Somerset Street West cost?

Pricing for 1040 Somerset Street West has not been publicly released. Registered buyers receive the price list first.

When is occupancy at 1040 Somerset Street West?

An occupancy date for 1040 Somerset Street West has not been announced yet.

How do I get platinum or VIP access to 1040 Somerset Street West?

Circle Real Estate provides platinum access to 1040 Somerset Street West, including first access to floor plans, the price list and worksheet submission. Register on this page to be added to the VIP list.

Register for 1040 Somerset Street West pricing, floor plans and VIP access on Circle Real Estate.

Last verified: 2026-10-31. Source: RedBricks project feed. Published by Circle Real Estate Brokerage. Prices and incentives are subject to change without notice. E. & O.E.