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$249,900
DOM7days138 Somerset Street · Ottawa · Ontario K2P 0A3
7 days on market
Welcome to 138 Somerset St W #604! This beautifully maintained & freshly painted 1 bedroom + den condo is located in the heart of Centretown. Steps away from restaurants, transit, parks, shopping and scenic pathways along the Rideau Canal, this condo has it all! As you step inside, you're greeted by a functional & open-concept layout, complete with hardwood flooring, a bright solarium, and newly installed tile flooring in the kitchen. The kitchen features stainless steel appliances and a conveni…
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: ENGEL & VOLKERS OTTAWA
Source: TRREB/PROPTX · MLS® X14085364
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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 31% of your true cost of ownership. The other 69% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $11,377 | $948/mo |
| Government & taxes | ||
| Property tax | $2,857 | $238/mo |
| Land transfer tax(closing) | $2,224 | $185/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%) | $2,499 | $208/mo |
| Condo fees | ||
| Condo / HOA fees | $6,840 | $570/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 | $36,457 | $3,038/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.