Loading neighbourhood intel…
Loading neighbourhood intel…
$285,000
DOM78days138 Somerset Street · Ottawa · Ontario K2P 0A3
78 days on market
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…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: RE/MAX HALLMARK REALTY GROUP
Source: TRREB/PROPTX · MLS® X13644808
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™ →Monthly carrying costs, utilities, and closing cost estimates.
20%+ down — no CMHC premium
≈ $0.07/ft² × ~650 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 34% of your true cost of ownership. The other 66% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $12,974 | $1,081/mo |
| Government & taxes | ||
| Property tax | $3,129 | $261/mo |
| Land transfer tax(closing) | $2,750 | $229/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%) | $2,850 | $238/mo |
| Condo fees | ||
| Condo / HOA fees | $6,100 | $508/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 | $38,464 | $3,205/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.