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a Bertrim Property Intelligence publication · HomeSearchCanada.ca

The Ridge

Vol 1 · Issue 1
Friday, October 23
Updated 115 days ago
The Ridge — MLS listing photo

Photo via MLS®

The Ridge (Condo Corp #795) in Ottawa centre · 138 Somerset. 4 active listings · 4 sales in the last 12 months. Source: PropTx MLS via Bertrim Property Intelligence.

Condo fees & carrying cost
$547/mo
High fee burden

2.10% of list price per year (+0.44 pp vs Ottawa centre median)

Fee includes: Heat Included, Water Included, Building Insurance Included, Common Elements Included, CAC Included

$547/mo works out to about 2.10% of list price annually — buyers often discount units when carrying costs run high. That's 0.44 pp above the city median for similar condos. Median time on market: 40 days. Higher carrying costs can narrow the buyer pool — weigh monthly all-in cost, not list price alone.

$309K
Median list
4
Sold 12mo
40d
DOM
4
Actives

Bryon's Take

Active market at The Ridge

4 active MLS listings at The Ridge right now with median fees of $547/mo. Carrying cost runs 2.10% of list price annually — above the Ottawa centre peer median. 4 MLS sales in the last 12 months with a -27.2% median price trend. Current actives mention party room amenities. Market signal on current inventory: cool.

BB

Bryon Bertrim REALTOR®

Founder, Bertrim Property Intelligence

Home Equity Strategist · MyStreetValue.ca

Real Broker Ontario LTD Brokerage

Building profile

ElevatorLocker6 storeys

Unit mix (active MLS)

BedsSqft bandActiveList rangeSold 12mo
1 bed600-6994$300K–$325K$315K

Active inventory by bedroom count and MLS living-area band. Sold median is building-level by bed bucket (12 months).

Recent sales in this building

1 bed · 600-699$322,5002026-06-02
1 bed · 600-699$290,0002026-06-01
1 bed · 600-699$307,5002026-02-10
1 bed · 600-699$422,5002025-09-11

Active listings

$540K
2 bed · Condo Townhouse
$299K
1 bed · Condo Apartment
$285K
1 bed · Condo Apartment
$250K
1 bed · Condo Apartment
$299K
1 bed · Condo Apartment
$300K
1 bed · Condo Apartment
Browse The Ridge listings on HomeSearchCanada →
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Nearby buildings

191 Lisgar1 active · $914/moParc Place Condominiums3 active · $942/mo

Data transparency

Stats sources: PropTx

Last refreshed: 115 days ago

Published by Bertrim Property Intelligence · Analysis by Bryon Bertrim, REALTOR®

Search Ottawa centre buildings · Ottawa centre market · 613.591.9990

Bryon Bertrim, REALTOR® | Real Broker Ontario Ltd. Brokerage

Founder, Bertrim Property Intelligence

MLS® data provided by PropTx / participating Ontario boards. MLS® is a registered trademark of The Canadian Real Estate Association. All rights reserved. Data is deemed reliable but not guaranteed accurate. For consumers with a bona fide interest in the purchase, sale, or lease of real estate.

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