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Price Change$319,000

304 - 138 Somerset Street W

4104 - Ottawa Centre/Golden Triangle, Ottawa Centre

$309,000

Condo Apartment |
1 | 1 | 0 | 0
About this home

A layout that gives you more than you would expect. This well-designed 1-bedroom + den condo at 138 Somerset Street West offers a bright, open-concept living space with a separate den that makes an ideal home office, study or flexible bonus space. The kitchen features granite countertops, stainless steel appliances, ample cabinetry and a large breakfast bar overlooking the dining and living areas, with hardwood flooring carrying throughout the main space. Large windows bring plenty of natural light into the living room, while the bedroom offers generous closet space and the spacious bathroom includes granite countertops and convenient in-suite laundry. The separate den is a standout feature, giving you valuable additional space without taking away from the main living area. Located in the heart of downtown Ottawa, you're within easy reach of the University of Ottawa, Rideau Canal, Elgin Street, restaurants, cafés, shopping and transit. A versatile downtown condo that works equally well for a first-time buyer, professional, student or investor.

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$643
LockerNone
BalconyNone
ExposureNorth West
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$3,542
mls© NumberX13763134
Listed BySLEEPWELL REALTY GROUP LTD
Heat Included
Water Included
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,582
Property tax
$295
Heat allowance
$150
Condo fees, half counted
$321
Housing costs
$2,348 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $61,800
25-yr amortization

Income needed

$72,000

gross annual household income

Payment at 4%
$1,300 / mo
Cash down
$61,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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