Homula Realty Brokerage
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138 Somerset Street W 604, Ottawa Centre, ON K2P 0A3

1 bed · 1 bath · 1 kitchen · 4 rooms · 600-699 sq ft · No locker · Laundry in unit · Condo Apartment
$269,900

Utilities includedWater

Also includedCommon Elements

Maintenance fee
$570 / month
Property tax
$2,857 / year
Included in the fee
Common Elements, Water

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 convenient breakfast bar, flowing seamlessly into the dining and living area. A spacious bedroom, full bathroom, additional den (perfect to use as office space) and in-unit laundry complete this condo. Amenities include a stunning rooftop terrace, party/meeting room & bike storage!

MLS number
X13669040
Type
Condo Apartment
Status
Active
Bedrooms
1
Bathrooms
1
Postal code
K2P 0A3
Photos
38
Locker
No
Laundry
In the unit — Ensuite, In-Suite Laundry
Included in the fee
Common Elements, Water
31days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Condo Apartments in Ottawa Centre — 536 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$266k$355k$444k20252026this home’s asking price
$402klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
97%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d18d37d20252026
36dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among condo apartments in ottawa centre. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$53,980 · minimum here is $13,495
$1,195.06per month
Borrowed before insurance$215,920
Total borrowed$215,920
Interest over 25 years at 4.5%$142,598

If you rented it out

-$2,003.14per month out of pocket
Rent$0.00
Everything it costs to hold$2,003.14
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by ENGEL & VOLKERS OTTAWA. Listing data provided by the Toronto Regional Real Estate Board.