138 Somerset St W #1012, Ottawa — Condo For Sale $299,000

Name: 138 Somerset Street W, Unit 1012
SKU: X14106006
Price: 299000 CAD
Availability: InStock

1 Bed, 1 Bath Condo in 4104 - Ottawa Centre/Golden Triangle, Ottawa

Unit 1012 at 138 Somerset Street West

Welcome to 138 Somerset Street W Unit 1012, where lifestyle and convenience collide! Perched up on the 10th floor, this unit is tucked away at the end of the hall giving it higher views and notable privacy. The L-shape floor plan provides dimension and character to the space and offers a large, open concept kitchen featuring stainless steel appliances, stone counters, and plenty of cabinets and prep space. The smart layout includes a spacious foyer, as well as living and dining areas that offer enough room to include an office nook should you wish! The primary bedroom with huge windows is complimented by a full bath featuring in-suite laundry. This well run building offers wonderful amenities: rooftop terrace with BBQ, party room, library, and bike room. The condo fees include heat & water! Location-wise, it can't be beat. Within walking distance you can visit the Rideau Centre, the Rideau Canal, tour Parliament, hop on the O-Train, or access shops, dining and more! Must see! Book a showing today!

1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $498 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 138 Somerset St W #1012

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 600-699 sq ftas stated on the listing
Basement: None

Features & systems

Parking & garage

Parking spaces: 0

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

138 Somerset St W #1012 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 22, 2026For saleListedThis listingMLS® X14106006$299,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 138 Somerset St W #1012 Compares to the Ottawa Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 236 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Ottawa market, last 90 days

Median sold price: $446,000
Average sold price: $569,549
Average days on market: 44
Homes sold: 138

Closed sales on the TRREB MLS®.

Full Ottawa market report

Market pulse · Ottawa

Ottawa market

Median sold price$446,000Last 90 days
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings249Homes for sale here right now.
Median vs prior 90 days+1.4%Compared with Apr 26 – Jul 25, 2026: prices up.

Based on 138 sales from Jul 25 – Oct 23, 2026 (107 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Ottawa

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 1012 — 138 Somerset Street W 1 bd · 1 ba · 600 sqft	$299,000asking	$498	—	—
199 Kent Street 2 bd · 1 ba · 1,000 sqft
360 McLeod Street 1 bd · 1 ba · 600 sqft
245 Kent Street 2 bd · 2 ba · 1,000 sqft
340 Queen Street 1 bd · 1 ba · 500 sqft
255 Bay Street 1 bd · 1 ba · 600 sqft
324 Laurier Avenue 2 bd · 1 ba · 800 sqft

199 Kent Street
2 bd · 1 ba · 1,000 sqft
360 McLeod Street
1 bd · 1 ba · 600 sqft
245 Kent Street
2 bd · 2 ba · 1,000 sqft
340 Queen Street
1 bd · 1 ba · 500 sqft
255 Bay Street
1 bd · 1 ba · 600 sqft
324 Laurier Avenue
2 bd · 1 ba · 800 sqft

More in this building

5 for sale · 2 for rent at 138 Somerset St W — plus its sale and lease history.

See all of 138 Somerset St W

Living in 4104 - Ottawa Centre/Golden Triangle, Ottawa: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

UOttawa StationO-Train Line 1610 m8 min walk
Parliament StationO-Train Line 1850 m11 min walk
Rideau StationO-Train Line 1940 m12 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

UOttawa Station (O-Train Line 1)8 min walk
Parliament Station (O-Train Line 1)11 min walk
Rideau Station (O-Train Line 1)12 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

UOttawa Station
610 m8 minClosest· O-Train Line 1
Homes near UOttawa Station
Parliament Station
850 m11 min· O-Train Line 1
Homes near Parliament Station
Rideau Station
940 m12 min· O-Train Line 1
Homes near Rideau Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 138 Somerset St W #1012. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 138 Somerset St W #1012

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $1,469; 20% down · 25 years · 5.5% assumed
Property tax: $164; 0.66% mill rate · ON
Total per month: $1,633; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$1,469

/mo

based on the purchase price of $299,000

Down payment20%

$59,800 cash

Amortization25 yr

$239,200 financed

Rate5.50%

$201,469 total interest

Principal54%$239,200

Interest46%$201,469

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

Book a tour of 138 Somerset St W #1012 with a licensed buyer's agent

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Questions About 138 Somerset St W #1012

How much is 138 Somerset St W #1012 listed for?

138 Somerset St W #1012 is listed at $299,000 (MLS® X14106006). Summitly updates the price as soon as the MLS® record changes.

Is $299,000 a good price for 138 Somerset St W #1012?

Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Ottawa. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 138 Somerset St W #1012 changed?

No — 138 Somerset St W #1012 is still listed at its original asking price of $299,000.

How many bedrooms and bathrooms does 138 Somerset St W #1012 have?

138 Somerset St W #1012 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in 4104 - Ottawa Centre/Golden Triangle, Ottawa.

Is 138 Somerset St W #1012 close to transit?

The nearest rapid-transit station is UOttawa Station (O-Train Line 1), about 610 m (about a 8-minute walk) in a straight line. Parliament Station is about 850 m (about a 11-minute walk), and Rideau Station is about 940 m (about a 12-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 138 Somerset St W #1012?

About $1,469 a month — principal and interest on $299,000 with 20% down ($59,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 138 Somerset St W #1012 compare with other homes in Ottawa?

Its asking price of $299,000 is about 33% below the median sold price in Ottawa over the last 90 days, $446,000, across 138 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 138 Somerset St W #1012 been sold before?

Summitly has no earlier MLS® sale or lease of 138 Somerset St W #1012 on record from the last two years. Older records aren't shown under TRREB rules.

What neighbourhood is 138 Somerset St W #1012 in?

138 Somerset St W #1012 is in 4104 - Ottawa Centre/Golden Triangle, Ottawa. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 138 Somerset St W #1012 been on the market?

1 day — 138 Somerset St W #1012 was listed on October 22, 2026.

What is the price per square foot of 138 Somerset St W #1012?

About $428 to $498 per square foot: the asking price of $299,000 over the 600–699 sq ft the listing gives as its size range.

Does 138 Somerset St W #1012 have a basement, and is it finished?

The listing says 138 Somerset St W #1012 has no basement.

138 Somerset St W #1012, 4104 - Ottawa Centre/Golden Triangle, Ottawa

What you should know