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508 - 138 Somerset Street W
4104 - Ottawa Centre/Golden Triangle, Ottawa Centre
$299,000
Welcome to Unit 508 at Somerset Gardens, where urban convenience meets comfortable modern living in the heart of vibrant Centretown. This thoughtfully designed 1-bedroom plus den condominium offers an ideal blend of functionality, style, and location, just steps from some of Ottawa's most iconic destinations.Inside, you'll find a bright open-concept layout featuring rich hardwood flooring throughout and nearly 700 square feet of intelligently used living space. The kitchen features stainless steel appliances, granite countertops, and a raised breakfast bar, creating a natural flow into the spacious living and dining areas, perfect for both everyday living and entertaining. The versatile den offers excellent flexibility and can easily function as a home office, creative studio, or workout area. In-suite laundry adds to the convenience of daily living, while the private north-facing balcony provides stunning city views and a relaxing space to unwind above the downtown core.Residents of Somerset Gardens enjoy access to excellent amenities, including a stunning rooftop terrace with panoramic city views, a sunroom, party room, library, and secure bicycle storage.Perfectly positioned within walking distance to the Rideau Canal, Elgin Street, Parliament Hill, transit, cafés, restaurants, and everyday essentials - this condo offers an exceptional opportunity to enjoy an active and connected downtown lifestyle.Whether you're a professional, first-time buyer, or someone looking to embrace carefree urban living, Unit 508 delivers comfort, character, and an unbeatable central location. Book your private showing today! ***New washer and dryer (2025); new hardwood flooring (2025)***
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $575 |
| Locker | None |
| Balcony | None |
| Exposure | North |
| Parking Type | None |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | $3,624 |
| mls© Number | X13793422 |
| Listed By | SUTTON GROUP - OTTAWA REALTY |
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%
- $1,530
- Property tax
- $302
- Heat allowance
- $150
- Condo fees, half counted
- $287
- Housing costs
- $2,270 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$70,000
gross annual household income
- Payment at 4%
- $1,258 / mo
- Cash down
- $59,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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