408 - 138 SOMERSET STREET W, Ottawa

$299,900

For sale: Apartment

Apartment at 408 - 138 SOMERSET STREET W, Ottawa
Property type
Condo Apartment
Bedrooms / bathrooms
1 bedroom, 1 bathroom
Living area
699 sqft
MLS®
MLS® X13847448
Neighbourhood
4104 - Ottawa Centre/Golden Triangle

Welcome to 408-138 Somerset St W, a bright one bedroom plus den at Somerset Gardens, right where Centretown meets the Golden Triangle. Step out the front door and the whole city is yours: Elgin Street patios, Bank Street shops, the Rideau Canal, City Hall, Parliament Hill and the government offices are all an easy walk. uOttawa is a short stroll, Carleton a quick transit ride, and the O-Train is minutes away. This is the address for people who want to live downtown, not just work there. Inside, the open living and dining area flows out to a private balcony made for morning coffee or an after-work glass of wine. The kitchen sits right in the mix, so nobody gets stuck cooking alone. The den is the flexible bonus: home office, reading nook, workout corner, whatever your week looks like. The bedroom is tucked away at the back for quiet, with a four-piece bath and in-suite laundry steps away. Floors and doors were updated in 2019 and the unit was freshly painted this fall, so it's move-in ready. Then there's the building. Take the elevator up to the rooftop terrace with its sunroom and communal BBQ and watch the sun set over the skyline. There's a party room, a library, a bike room and secure fob entry. Smoke-free throughout. Here's the part the spreadsheet will love: heat, central air and water are included in the condo fees. You pay hydro. That's it. No parking with this unit, and honestly, you won't miss it. Everything you need is on foot, transit is at the door, and street parking permits are available through the City. First-time buyer, grad student, young professional, downsizer craving a bit of buzz: this one's for you. Come see what downtown living feels like.

Sold data

Apartment homes in Ottawa — recent sold market

Apartment homes in Ottawa took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 62, across 344 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 59 days.

The median sale price was $399,900.

Homes sold for about 2.8% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
34
Median sale price
$399,900
Sale-to-list ratio
97.2%
Sold above asking
7%

Based on 344 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 408 - 138 SOMERSET STREET W