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508 - 138 Somerset Street

508 - 138 Somerset Street

Ottawa Centre, ON

  • 1 bed
  • 1 bath
  • approx. 600-699 sqft
  • Condo Apartment
$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)***

Listing Details

Taxes (2025)
$3,624
Listed
September 16, 2026

Price History

Listing history

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Property

Style
Apartment
Construction
Concrete
Interior
Carpet Free

Parking

Garage
None
Covered Spaces
0
Total Parking
0

Utilities

Heat Source
Gas

Location & Legal

Cross Street
Elgin and Somerset
Parcel Number
157950075
Possession
60-89 days
Occupancy
Tenant

Condo

Maintenance Fee
$575/month
Fee Includes
Heat Included, Water Included, CAC Included, Building Insurance Included, Common Elements Included
Pets
Yes-with Restrictions
Locker
None
Balcony
None

Included

Inclusions
Washer, dryer, fridge, stove, dishwasher, hood-fan
Exclusions
None
Rental Items
None

Schools

Elementary

  • Elgin Street Public School0.2 km

    Public · Ottawa-Carleton DSB · 370 students

    Grade 3 reading: 88% met the provincial standard · Grade 6 math: 84% met the provincial standard

  • Glashan Public School1 km

    Public · Ottawa-Carleton DSB · 315 students

  • École élémentaire catholique Coeur d'Ottawa1 km

    French Catholic · CSDC du Centre-Est de l'Ontario · 195 students

    Grade 3 reading: 100% met the provincial standard · Grade 6 math: 100% met the provincial standard

Secondary

  • Lisgar Collegiate Institute0.3 km

    Public · Ottawa-Carleton DSB · 960 students

    Grade 10 literacy: 91% met the provincial standard

  • Immaculata High School1.1 km

    Catholic · Ottawa CSB · 855 students

    Grade 10 literacy: 87% met the provincial standard

  • Urban Aboriginal Alternate High School1.3 km

    Public · Ottawa-Carleton DSB

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area K2P

Population
18,825
Private dwellings
14,113
Median age
34.4
Average household size
1.5
Median household income
$66,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Condo & Other in Ottawa Centre · last 12 months

Median sold price
$445,000
Homes sold
377
Median days on market
32
Sale-to-list price
97.1%

Based on 377 recorded sales of residential condo & other properties in Ottawa Centre over the last 12 months.

Listed by

SUTTON GROUP - OTTAWA REALTY

Walk Score

99

Walk

89

Transit

99

Bike

Scores by Walk Score®

Mortgage Calculator

$59,800

Estimated Monthly Payment

$1,469

Land transfer tax

Estimated land transfer tax$2,960

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,469/mo (20% down, 5.5%)

Taxes: $302/mo · Insurance: $75/mo

Maint: $575/mo

Estimates only. Consult a financial advisor.

R

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