138 Somerset Street, Unit 2, Ottawa Centre, ON
Property Highlights
Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of 4104 - Ottawa Centre/Golden Triangle. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $319,000 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 with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Located in the heart of Ottawa, this bright and spacious 1-bedroom, 1-bathroom condo offers 630 sq ft of well-designed living space. Perfectly positioned within walking distance to Elgin Street, Parliament Hill, and the University of Ottawa, this condo provides the ultimate in convenience and urban living. The unit features a large kitchen with an abundance of storage, engineered hardwood flooring and a tiled entry and bathroom, the bedroom has a wall of windows, and the living room opens to a large private balcony, ideal for relaxing or entertaining. The building offers fantastic amenities including a rooftop BBQ and patio, perfect for summer evenings, as well as a quiet library space for reading or studying. For cycling enthusiasts, there is convenient bike storage available. With excellent access to public transit and all the shops, restaurants, and cultural attractions Ottawa has to offer, this condo is ideal for professionals, students, or anyone looking for a stylish and central living space. Don't miss your chance to experience the best of downtown Ottawa...schedule your viewing today
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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 1 day. This property is listed at $319,000 with an estimated mortgage of $1,062* 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
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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 502, Ottawa Centre, ON K2P 0A3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Ottawa Centre, ON
For a property listed at $319,000 in Ottawa Centre, the legal minimum down payment is $15,950 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 $3,260 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 $3,260.
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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.