Loading neighbourhood intel…

$319K · 1 bed Condo Apartment · Unit 502, 138 Somerset Street, Ottawa, Ontario K2P 0A3 | HomeSearchCanada

$319,000

Unit 502

147 DOM

11147d

Map

DOM 147

Motivated Seller

$319,000

Motivated Seller

DOM147days

Unit 502

138 Somerset Street · Ottawa · Ontario K2P 0A3

MLS® X12754944 · 4104 - Ottawa Centre/Golden Triangle · K2P 0A3

11Vacant600-699 ft²Condo ApartmentNoneNo basement147d$491/ft²$3,129 tax/yrNo basement

147 days on market

About this home

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 l…

Reserved · coming next

HomeSearchCanada exclusive

Reserve your Home Buyers Package

Could save you thousands on this purchase — closing strategy, negotiation & rebate.

MyStreetValue™ Analysis

Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →

Property details

MLS#: X12754944
Status: Buy Now
Property class: Residential Condo & Other
Beds: 1
Baths: 1 full, 0 half
Rooms: 5
Kitchens: 1
Size: 600-699Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: 1 Storey/Apt
Type: Condo Apartment
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Vacant
Washrooms: 4 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Condo corp #: 795
Balcony: Open
Locker: None
Fees include: Heat Included, Water Included, Building Insurance Included, Common Elements Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 0 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Elgin
Stories: 5
Utilities: —
Laundry: In-Suite Laundry
Interior: Carpet Free
Parking features: —

Additional listing data

ListAOR: Ottawa Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

Motivated SellerWhy this label

Vacant property — MLS shows vacant occupancy and the listing has been on market 120+ days.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: RE/MAX HALLMARK REALTY GROUP

Source: TRREB/PROPTX · MLS® X12754944

Do you own a home in Ottawa Centre?

Find out what it's worth — and what you'd walk away with after mortgage, commission and fees.

Get My StreetValue™ →

$319K

Unit 502 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $319,000✓ $3,129 tax✓ Gas✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,419/mo

incl. closing costs (yr 1)

Annual total

$41,023

year 1

Mortgage only

$1,210/mo

principal + interest

Beyond mortgage

$1,478/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$63,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$261/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~650 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$3,190/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$43/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$3,260

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)35% $14,522/yr

Property taxes16% $6,389/yr

Utilities10% $3,960/yr

Insurance & security4% $1,600/yr

Maintenance8% $3,190/yr

Condo fees15% $6,262/yr

Closing costs12% $5,100/yr

Mortgage is 35% of your true cost of ownership. The other 65% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$14,522	$1,210/mo
Government & taxes
Property tax	$3,129	$261/mo
Land transfer tax(closing)	$3,260	$272/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$3,190	$266/mo
Condo fees
Condo / HOA fees	$6,262	$522/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$41,023	$3,419/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

Unlock Insider Deals

Sign in

Unit 502

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

Request a Showing

Request a Showing

Annual costs