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$299,000
Ottawa
#304 138 Somerset Street West, Ottawa, Ontario, K2P0A3
This 1-bedroom, 1-bathroom condo in Ottawa is for sale offering roughly 650 sq ft of space. Listed at $299,000, it is attractively priced about 22% below the $384,900 median asking price in Ottawa. It has been on the market 56 days, fresher than the Ottawa average of 63 days.
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. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 56 days on market, against an average age of 63 days across the listings currently for sale in this city
This 1-bed single family in Ottawa has been listed for 56 days, which is 7 days fresher than the city average of 63. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $299,000, about 4.5× the local median household income of $66,500.
Carrying it typically needs a household income of about $58,405 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA K2P)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice