138 Somerset Street, Unit 5, Ottawa Centre, ON

$299,900
MLS#:X13011546
1 beds
1 baths
600-699 sqft
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 4104 - Ottawa Centre/Golden Triangle. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $299,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • 0.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Situated in one of Ottawa's most walkable and desirable neighborhoods, this 1 bedroom, 1 bathroom condo in the Golden Triangle offers an excellent balance of location, functionality, and low maintenance living. With approximately 646 sq. ft. of interior space and a private balcony, the layout feels open, practical, and easy to live in. The interior features hardwood flooring throughout the main living area and an open concept design that comfortably supports both everyday living and a work from home setup. The kitchen offers a well maintained layout with ample cabinetry, generous counter space, and a breakfast bar with included seating, ideal for casual meals or entertaining. The bedroom is well sized and includes a large triple closet, providing excellent storage and organization. Additional conveniences include in suite laundry, window coverings, all appliances, and a roomy storage locker. Condo fees cover heat, central air conditioning, and water, contributing to predictable ownership costs. Residents also enjoy access to building amenities such as a rooftop sunroom and terrace with city views, a library, and a meeting room. Just outside your door, you'll find Elgin Street, the Rideau Canal, Parliament Hill, uOttawa, and transit, making it easy to enjoy morning runs, patio evenings, or a quick commute downtown. Whether you're a professional buyer or an investor focused on location driven value, Somerset Gardens delivers a compelling opportunity in the heart of the city. Some photos have been staged with virtual artwork on the walls.

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Property Summary

This condo apartment located at 138 Somerset Street, Ottawa Centre is currently for sale and has been available on SousaSells for 86 days. This property is listed at $299,900 with an estimated mortgage of $998* per month. It has 1 bed, 1 bathroom, and is 600-699 square feet. 138 Somerset Street, Ottawa Centre is in the 4104 - Ottawa Centre/Golden Triangle neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 7, 2026
Sold price information is available to members only
Listed Date4/17/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionStucco (Plaster)
BasementNone
CountyOttawa
Annual Tax$3,080

Parking & Garage

Parking Spaces0.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Virtual Tours

Location

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138 Somerset Street, Unit 5, Ottawa Centre, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 138 Somerset Street W 505, Ottawa Centre, ON K2P 0A3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ottawa Centre.

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Interest Rate4.00%
Down Payment$89,970 (30.0%)
* Minimum Canadian down payment required for this price is $14,995.
Amortization Period30 Years
Estimated Monthly Payment$998Based on a loan of $209,930 over 30 years.
Purchase Price$299,900
Loan Amount$209,930
Provincial Land Transfer Tax:$2,974
Total Estimated Closing Taxes:$2,974

About Purchasing a Home in Ottawa Centre, ON

For a property listed at $299,900 in Ottawa Centre, the legal minimum down payment is $14,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,974 for this transaction. As this listing is in Ottawa Centre (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,974.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Ottawa Centre.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$626,881

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.