255 Bay Street, Unit 2, Ottawa Centre, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 4102 - Ottawa Centre. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $249,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 1 Bathroom
- Generous living space spanning 0-499 sqft
- 0.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor, Storage Area Lockers, Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome home to The Bowery at 255 Bay Street where modern downtown living meets exceptional convenience! This spacious, furnished studio offers nearly 500 square feet of thoughtfully designed living space, making it one of the larger bachelor units in the building. Its efficient layout maximizes every square foot, providing ample room to comfortably live, work, entertain, and relax. Whether you're hosting friends for dinner or enjoying a quiet evening at home, this studio feels open, functional, and inviting. Bathed in natural light from its oversized window, the unit offers a bright and welcoming atmosphere. Features include hardwood flooring, stone countertops, stainless steel appliances, in-suite laundry, a work-from-home space, generous closet space, and a separate storage locker. What else could you need! With low condo fees and outstanding amenities, this is an incredible opportunity for first-time buyers looking to break into the market, savvy investors seeking a highly rentable downtown property, downsizers wanting a low-maintenance lifestyle, or anyone searching for the perfect pied-à-terre in the nation's capital. Residents enjoy some of the city's best amenities, including a spectacular rooftop fitness centre, pool, sauna, terrace with BBQs, party room, bike storage, underground visitor parking, and breathtaking skyline views - all private to the buildings residents! Not to mention, the location is truly unbeatable! Nestled on the quiet side of Centretown, you're just steps from Parliament Hill, Lyon LRT Station, the future Adisoke Library and Archives, LeBreton Flats, the War Museum, the Canal, Ottawa's extensive cycling network, grocery stores, cafés, acclaimed restaurants, shopping, entertainment, and countless festivals and events. Enjoy the very best of downtown living! This move-in-ready condo offers outstanding value, exceptional amenities, and one of Ottawa's most walkable locations. This is downtown living done right. Come fall in love today!
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Property Summary
This condo apartment located at 255 Bay Street, Ottawa Centre is currently for sale and has been available on SousaSells for 3 days. This property is listed at $249,900 with an estimated mortgage of $832* per month. It has 0 beds, 1 bathroom, and is 0-499 square feet. 255 Bay Street, Ottawa Centre is in the 4102 - Ottawa Centre neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Rec./Commun.Centre, Public Transit, Park, Library, River/Stream
Interior Features
Primary Bedroom - Main Floor, Storage Area Lockers, Carpet Free
Security Features
Concierge/Security, Smoke Detector
Community Features
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Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 255 Bay Street 201, Ottawa Centre, ON K1R 0C5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Ottawa Centre, ON
For a property listed at $249,900 in Ottawa Centre, the legal minimum down payment is $12,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,224 for this transaction. As this listing is in Ottawa Centre (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,224.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.