151 BAY Street, Ottawa Centre, ON

$324,900
MLS#:X9445946
2 beds
2 baths
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 4101 - Ottawa Centre. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $324,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Thoughtfully designed floor plan offering excellent spatial utility and privacy
  • Features a none, none basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient other configuration
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Flooring: Tile, Flooring: Hardwood, This stunning condo offers a comfortable and stylish living experience with 2 generous-sized bedrooms and 2 updated washrooms, including an ensuite in the primary bedroom. The primary bedroom also features a walk-in closet and overlooks a spacious balcony with a breathtaking cityscape view. Enjoy the warmth of hardwood floors throughout the freshly painted unit.Laundry and a spacious locker are located on the same floor as the unit.The condo comes with fantastic amenities: heating, AC, water, and hydro are all included. Indulge in the indoor pool, sauna, workshop, library, car wash, and spacious private parking. Naturally bright, this condo is perfect for those seeking a vibrant and convenient lifestyle including eay access to the Lyon LRT and a grocery store coming soon in the area. Very easy to show, Status Certificate has been ordered. 24hr Irrevocable please. See it today and move in tomorrow!

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Property Summary

This condo apartment located at 151 BAY Street, Ottawa Centre is currently for sale and has been available on SousaSells for 716 days. This property is listed at $324,900 with an estimated mortgage of $1,081* per month. It has 2 beds, 2 bathrooms, and is unknown square feet. 151 BAY Street, Ottawa Centre is in the 4101 - Ottawa Centre neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
2
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 15, 2024
Sold price information is available to members only
Listed Date7/30/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Aluminum Siding
BasementNone, None
CountyOttawa
Annual Tax$3,140
Legal DescriptionUNIT 6, LEVEL 8, CARLETON CONDOMINIUM PLAN NO. 145 ; PT LTS 14, 15, 16 & 17 NUMBERING WESTWARD S/S QUEEN ST AND PT LTS 16 & 17 NUMBERING WESTWARD N/S ALBERT ST, PL 3922, PTS 1, 14, 15, 17 & 18, PL 1; PTS 1, 11, 12, 13, 14 & 15, PL 2; PT 1, PL 3; PT 1, PL 4; PT 1, PL 5; PT 1, PL 6 4R2194, AS IN SCHEDULE 'A' OF DECLARATION LT182188 ; T/W LT188777 ; OTTAWA

Parking & Garage

Parking Spaces1.0
Garage TypeOther

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, Park

Interior Features

Security Features

Community Features

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Location

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151 BAY Street, Ottawa Centre, ON
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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 151 BAY Street 806, Ottawa Centre, ON K1R 7T2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ottawa Centre.

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Interest Rate4.00%
Down Payment$97,470 (30.0%)
* Minimum Canadian down payment required for this price is $16,245.
Amortization Period30 Years
Estimated Monthly Payment$1,081Based on a loan of $227,430 over 30 years.
Purchase Price$324,900
Loan Amount$227,430
Provincial Land Transfer Tax:$3,349
Total Estimated Closing Taxes:$3,349

About Purchasing a Home in Ottawa Centre, ON

For a property listed at $324,900 in Ottawa Centre, the legal minimum down payment is $16,245 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 $3,349 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 $3,349.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 4101 - Ottawa Centre, Ottawa Centre.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$540,734

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.